Article By RoboForex.com
Analysis for November 5th, 2015
EUR USD, “Euro vs. US Dollar”
The H4 chart of EUR USD shows a bearish tendency, which is indicated by Three Methods continuation pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
The H1 chart of EUR USD also shows a bearish tendency. Harami pattern indicates a descending movement. Three Line Break chart shows a possible ascending correction; Heiken Ashi candlesticks confirm a bearish direction.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a bullish tendency. Three Methods continuation pattern indicates an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
RoboForex Analytical Department
Article By RoboForex.com
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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.
