Analysis for October 23rd, 2014
EUR USD, “Euro vs US Dollar”
At the H4 chart of EUR USD, a bearish tendency, which is indicated by Three Methods pattern, continues. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
The H1 chart of EUR USD shows a descending movement, which is indicated bearish Three Methods pattern. Three Line Break and Heiken Ashi candlesticks confirm a bearish tendency.
USD JPY, “US Dollar vs Japanese Yen”
The H4 chart of USD JPY shows a bullish tendency. The closest Windows are support/resistance levels. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.
RoboForex Analytical Department