Analysis for October 26th, 2015
EUR USD, “Euro vs. US Dollar”
The H4 chart of EUR USD shows a bearish tendency. Bullish Hammer pattern indicates an ascending movement. Three Line Break chart shows the bearish tendency; Heiken Ashi candlesticks confirm a bullish direction.
At the H1 chart of EUR USD, the lower Window provides support. Bearish Shooting Star pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks show a bearish direction.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a bullish tendency. Belt Hold pattern indicates a bearish movement. The upper Window provides support. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a descending movement.
RoboForex Analytical Department