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Japanese Candlesticks Analysis 04.11.2015 (EUR/USD, USD/JPY)

Analysis for November 4th, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows a bearish tendency. Harami pattern indicate a descending movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish movement.



At the H1 chart of EUR USD, Harami pattern indicates an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish pullback.




USD JPY, “US Dollar vs. Japanese Yen”

As we can see at the H4 chart of USD JPY, a bullish tendency has started after support from the upper Window. Engulfing Bullish pattern indicated an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish movement.



 
RoboForex Analytical Department

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