Analysis for November 25th, 2016
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bullish Harami pattern indicated an ascending correction. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm the ascending correction continues.
At the H1 chart of EUR USD, bullish Harami and Tower patterns indicated an ascending correction within the downtrend. Three Line Break chart and Heiken Ashi candlesticks confirm the correction continues.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, bearish Harami and Tweezers patterns indicate a possible descending correction within the uptrend. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm the descending correction.
RoboForex Analytical Department
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