Analysis for November 27th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the downtrend continues. Three Line Break chart, bearish Three Methods pattern, and Heiken Ashi candlesticks confirm a descending movement.
At the H1 chart of EUR USD, bearish Harami pattern indicated that the downtrend continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the sideways correction continues. Hammer pattern indicates an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
RoboForex Analytical Department