Japanese Candlesticks Analysis 15.11.2013 (EUR/USD, USD/JPY)

15.11.2013

Analysis for November 15th, 2013

EUR/USD

H4 chart of the EUR/USD currency pair shows sideways correction. Price is moving between two Windows. Three Line Break chart and Heiken Ashi candlesticks confirm descending movement.



H1 chart of the EUR/USD currency pair shows resistance from closest Window. Three Line Break chart indicates descending movement; Hammer pattern and Heiken Ashi candlesticks confirm bullish mood.



USD/JPY

H4 chart of the USD/JPY currency pair shows bullish tendency. Upper Window is broken, now it’s support level. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.



H1 chart of the USD/JPY currency pair also shows bullish tendency. Closest Window is support level. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.



 
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