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.
21.01.2022
EURUSD is rebounding from the support level; USDJPY is forming an impulse to the upside, while EURGBP continues trading sideways.
20.01.2022
AUDUSD is forming another rising wave, while both USDCAD and USDCHF continue trading sideways.
19.01.2022
GOLD continues forming another rising wave; NZDUSD is rebounding from the support area, while GBPUSD is testing the support level.
18.01.2022
EURUSD is forming a new pullback after rebounding from the resistance level; USDJPY is forming an impulse to the upside, while EURGBP continues trading sideways.
17.01.2022
USDCAD is forming the correctional impulse, while both AUDUSD and USDCHF continue trading upwards.
14.01.2022
GOLD continues forming another rising wave; NZDUSD is forming a correctional impulse, while GBPUSD is testing the resistance area.
13.01.2022
EURUSD is testing the resistance level; USDJPY is forming a new correctional impulse, while EURGBP continues trading sideways.
12.01.2022
USDCAD is forming the correctional impulse, while both AUDUSD and USDCHF continue trading upwards.