Analysis for November 28th, 2014
EUR USD, “Euro vs US Dollar”
At the H4 chart of EUR USD, the closest Window is a resistance level. Gravestone Doji pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm the downtrend.
The H1 chart of EUR USD shows a descending movement, which is indicated by a bearish Harami pattern near the resistance from the upper Window. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
USD JPY, “US Dollar vs Japanese Yen”
At the H4 chart of USD JPY, the uptrend, which is indicated by a bullish Harami pattern, continues. Three Line Break chart confirms that the correction continue; Heiken Ashi candlesticks indicate an ascending movement.
RoboForex Analytical Department