Analysis for November 26th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the downtrend continues. Three Line Break chart, bearish Three Methods pattern, and Heiken Ashi candlesticks confirm a descending movement.
The H1 chart of EUR USD shows a bearish tendency. Shooting Star pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm a descending movement.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a sideways correction. Bullish Tweezers pattern indicates an ascending movement. Three Line Break chart shows a bullish direction; bearish Harami pattern and Heiken Ashi candlesticks confirm a bearish pullback.
RoboForex Analytical Department