Analysis for May 26th, 2015
The H4 chart of EUR USD shows a descending tendency, which continued after Engulfing Bearish pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
EUR USD, “Euro vs. US Dollar”
The H1 chart of EUR USD shows a bearish tendency. The lower Window is broken, now it’s a resistance level. Three Line Break chart indicates that a descending tendency continues; Heiken Ashi candlesticks confirm a bullish pullback.
USD JPY, “US Dollar vs. Japanese Yen”At the H4 chart of USD JPY, a bullish tendency continues. Three Methods pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm an ascending movement.
RoboForex Analytical Department
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