Japanese Candlesticks Analysis
Japanese candlesticks analysis is one of the classic tools for analyzing the currency market. The most important candlestick components here are the open, the close, the high, and the low. The color of candlesticks, black or white, depends on the ration between the security price when the candlestick opened and closed.
05.12.2019
Japanese Candlesticks Analysis 05.12.2019 (USDCAD, AUDUSD)
USDCAD has broken the support level of the rising channel; AUDUSD has rebounded from the rising channel’s downside border.
04.12.2019
Japanese Candlesticks Analysis 04.12.2019 (GOLD, NZDUSD)
GOLD has rebounded from the rising channel’s downside border, while NZDUSD is rebounding from the rising channel’s upside border.
03.12.2019
Japanese Candlesticks Analysis 03.12.2019 (EURUSD, USDJPY)
EURUSD has broken the descending channel’s upside border, while USDJPY continues the ascending tendency.
02.12.2019
Japanese Candlesticks Analysis 02.12.2019 (USDCAD, AUDUSD)
USDCAD continues testing the support level of the rising channel; AUDUSD is still trading close to the rising channel’s downside border.
29.11.2019
Japanese Candlesticks Analysis 29.11.2019 (GOLD, NZDUSD)
GOLD continues testing the rising channel’s downside border, while NZDUSD is still moving sideways within the ascending tendency.
28.11.2019
Japanese Candlesticks Analysis 28.11.2019 (EURUSD, USDJPY)
EURUSD is still rebounding from the descending channel’s upside border, while USDJPY continues the ascending tendency.
27.11.2019
Japanese Candlesticks Analysis 27.11.2019 (USDCAD, AUDUSD)
USDCAD is testing the support level of the rising channel; AUDUSD is still trading close to the rising channel’s downside border.
26.11.2019
Japanese Candlesticks Analysis 26.11.2019 (GOLD, NZDUSD)
GOLD is testing the rising channel’s downside border again, while NZDUSD is still moving upwards.