Analysis for December 3rd, 2013
EUR/USD
H4 chart of EUR/USD shows correction, which continued after bearish patterns, Evening Star, Hanging Man, and Tweezers. Closest Window is support level. Three Line Break chart and Heiken Ashi candlesticks confirm descending movement.
H1 chart of EUR/USD shows correction, which slowed down a little bit near Windows. Three Line Break chart confirms that correction continues; Heiken Ashi candlesticks indicates bullish pullback.
USD/JPY
H4 chart of USD/JPY shows bullish tendency within ascending trend. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
H1 chart of USD/JPY shows ascending trend. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
RoboForex Analytical Department
