Analysis for May 25th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD we can see Three Methods pattern close to resistance level. Engulfing Bearish pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
The H1 chart of EUR USD shows a sideways correction close to the lower Window. Three Methods pattern indicate a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a bullish tendency. Three Methods pattern and Three Line Break chart confirm an ascending movement; Heiken Ashi candlesticks indicate a possible bearish pullback.
RoboForex Analytical Department