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.
18.09.2019
Japanese Candlesticks Analysis 18.09.2019 (EURUSD, USDJPY)
EURUSD is back to the resistance line once again, while USDJPY is still forming the ascending tendency.
17.09.2019
Japanese Candlesticks Analysis 17.09.2019 (USDCAD, AUDUSD)
USDCAD is still reversing, while AUDUSD has rebounded from the horizontal resistance level.
16.09.2019
Japanese Candlesticks Analysis 16.09.2019 (GOLD, NZDUSD)
GOLD is still trading close to the ascending channel’s downside border, while NZDUSD has rebounded from the horizontal resistance level.
13.09.2019
Japanese Candlesticks Analysis 13.09.2019 (EURUSD, USDJPY)
EURUSD is back to the resistance line, while USDJPY is trying to start a new ascending tendency.
12.09.2019
Japanese Candlesticks Analysis 12.09.2019 (USDCAD, AUDUSD)
USDCAD is reversing, while AUDUSD continues trading close to the horizontal resistance level.
11.09.2019
Japanese Candlesticks Analysis 11.09.2019 (GOLD, NZDUSD)
GOLD is trading close to the ascending channel’s downside border, while NZDUSD has broken the descending channel’s upside border.
10.09.2019
Japanese Candlesticks Analysis 10.09.2019 (EURUSD, USDJPY)
EURUSD is moving sideways close to the resistance level; USDJPY continues trading upwards after testing the descending channel’s downside border.
09.09.2019
Japanese Candlesticks Analysis 09.09.2019 (USDCAD, AUDUSD)
USDCAD is reversing, while AUDUSD is testing the horizontal resistance level after breaking the descending channel.