RoboForex - Analytics

RoboForex

893.25 5.25/10
77% of positive reviews
Real
How to join the service?

Japanese Candlesticks Analysis 16.11.2016 (EUR/USD, USD/JPY)

Analysis for November 16th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the bearish tendency continues. Three Methods continuation pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



At the H1 chart of EUR USD, bearish Evening Star and Three Methods patterns indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the bullish tendency continues. The upside Window is broken, now it’s a support level. The price may form bullish Three Methods continuation pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.



 
RoboForex Analytical Department

Dear reader!

Without authorization, you can view no more than two reviews per day and no more than 10 per month. To continue reading analytical reviews, register or login to your Members Area.



To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree