Analysis for October 30th, 2015<
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, Hammer pattern indicated an ascending correction. The lower Window provides resistance. Three Line Break chart shows a bearish direction; bullish Three Methods pattern and Heiken Ashi candlesticks confirm that the ascending correction continues.
At the H1 chart of EUR USD, the lower Window provides resistance. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish movement.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the upper Window provides support. Three Line Break chart shows a bullish direction; Tower and Engulfing Bearish patterns along with Heiken Ashi candlesticks confirm a descending movement.
RoboForex Analytical Department
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