Article By RoboForex.com
Analysis for November 15th, 2013
EUR/USD
H4 chart of the EUR/USD currency pair shows sideways correction. Price is moving between two Windows. Three Line Break chart and Heiken Ashi candlesticks confirm descending movement.
H1 chart of the EUR/USD currency pair shows resistance from closest Window. Three Line Break chart indicates descending movement; Hammer pattern and Heiken Ashi candlesticks confirm bullish mood.
USD/JPY
H4 chart of the USD/JPY currency pair shows bullish tendency. Upper Window is broken, now it’s support level. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
H1 chart of the USD/JPY currency pair also shows bullish tendency. Closest Window is support level. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
RoboForex Analytical Department
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Article By RoboForex.com
