Analysis for November 10th, 2016
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the upside Window provided resistance. Harami pattern indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
At the H1 chart of EUR USD, bearish Tweezers pattern indicates a descending movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm the descending movement.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, bullish Harami pattern indicated an ascending movement. There are no reversal patterns. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
RoboForex Analytical Department