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.
30.09.2019
Japanese Candlesticks Analysis 30.09.2019 (USDCAD, AUDUSD)
USDCAD is rebounding from the support level, while AUDUSD continues falling after finishing the correction.
27.09.2019
Japanese Candlesticks Analysis 27.09.2019 (GOLD, NZDUSD)
GOLD and NZDUSD continue forming the ascending and descending channels respectively.
26.09.2019
Japanese Candlesticks Analysis 26.09.2019 (EURUSD, USDJPY)
EURUSD and USDJPY continue forming the descending and ascending tendencies respectively.
25.09.2019
Japanese Candlesticks Analysis 25.09.2019 (USDCAD, AUDUSD)
USDCAD is reversing after forming another pattern, while AUDUSD continues falling after rebounding from the horizontal resistance level.
24.09.2019
Japanese Candlesticks Analysis 24.09.2019 (GOLD, NZDUSD)
GOLD is testing the horizontal resistance level in the middle of the ascending channel, while NZDUSD continues growing towards the descending channel’s upside border.
23.09.2019
Japanese Candlesticks Analysis 23.09.2019 (EURUSD, USDJPY)
EURUSD continues trading close to the resistance line, while USDJPY is still forming the ascending tendency.
20.09.2019
Japanese Candlesticks Analysis 20.09.2019 (USDCAD, AUDUSD)
USDCAD is still reversing; after rebounding from the horizontal resistance level, AUDUSD is falling.
19.09.2019
Japanese Candlesticks Analysis 19.09.2019 (GOLD, NZDUSD)
GOLD is still trading close to the ascending channel’s downside border, while NZDUSD is testing the horizontal support level.