Article By RoboForex.com
Analysis for November 20th, 2013
EUR/USD
H4 chart of the EUR/USD currency pair shows ascending correction. Upper Window is support level. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
H1 chart of the EUR/USD currency pair shows resistance from upper Window and support from lower one. Three Methods pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm that ascending tendency continues.
USD/JPY
H4 chart of the USD/JPY currency pair shows bullish tendency within ascending trend. Upper Window is support level. Three Line Break chart indicates that correction may continue; bullish Harami pattern and Heiken Ashi candlesticks confirm ascending movement.
H1 chart of the USD/JPY currency pair shows correction within ascending trend. Three Line Break chart indicates ascending movement; Heiken Ashi candlesticks confirm correction.
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
