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.
RoboForex Analytical Department