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.
19.07.2022
XAUUSD and GBPUSD are still forming their respective correctional waves, while NZDUSD continues rebounding from the resistance area.
18.07.2022
EURUSD is completing the correctional wave; USDJPY continues trading upwards, while EURGBP is forming a new descending impulse.
15.07.2022
USDCAD is correcting; AUDUSD continues moving downwards, while USDCHF is forming a new rising impulse.
14.07.2022
XAUUSD and GBPUSD are still forming their respective correctional waves, while NZDUSD is rebounding from the resistance area.
13.07.2022
EURUSD is correcting; USDJPY continues trading upwards, while EURGBP is forming a new descending impulse.
12.07.2022
Both USDCAD and USDCHF are forming their respective rising impulses, while AUDUSD continues testing the support area.
11.07.2022
XAUUSD and GBPUSD are still forming their respective correctional waves, while NZDUSD is rebounding from the resistance area.
08.07.2022
EURUSD is correcting; USDJPY continues rebounding from support area, while EURGBP is trading upwards.