Analysis for November 4th, 2015
EUR USD, “Euro vs. US Dollar”
The H4 chart of EUR USD shows a bearish tendency. Harami pattern indicate a descending movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish movement.
At the H1 chart of EUR USD, Harami pattern indicates an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish pullback.
USD JPY, “US Dollar vs. Japanese Yen”
As we can see at the H4 chart of USD JPY, a bullish tendency has started after support from the upper Window. Engulfing Bullish pattern indicated an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish movement.
RoboForex Analytical Department