Japanese Candlesticks Analysis 26.11.2013 (EUR/USD, USD/JPY)

Article By RoboForex.com

Analysis for November 26th, 2013

EUR/USD

H4 chart of EUR/USD shows sideways correction. Three Line Break chart indicates ascending movement; Heiken Ashi candlesticks confirm that correction continues.

H1 chart of EUR/USD shows bearish tendency, which is indicated by Shooting Star pattern. Upper Window is resistance level. Three Line Break chart indicates ascending movement; Heiken Ashi candlesticks confirm descending tendency.

USD/JPY

H4 chart of USD/JPY shows bullish tendency. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.

H1 chart of USD/JPY shows correction, which is indicated by Evening Star pattern. Three Line Break chart indicates current trend; Heiken Ashi candlesticks confirm that correction continues.

RoboForex Analytical Department

Article By RoboForex.com

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