Analysis for November 14th, 2013
EUR/USD
H4 chart of the EUR/USD currency pair shows correction. Lower Window is support level. Three Line Break chart and Heiken Ashi candlesticks confirm descending movement.
H1 chart of the EUR/USD currency pair shows resistance from closest Window. Harami and Tweezers patterns, along with Three Line Break chart and Heiken Ashi candlesticks, confirm descending movement.
USD/JPY
H4 chart of the USD/JPY currency pair shows bullish tendency. Upper Window is resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
H1 chart of the USD/JPY currency pair shows bullish tendency. Mat Hold pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm ascending movement.
RoboForex Analytical Department