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.
11.01.2022
GOLD is forming another rising wave; NZDUSD is forming an impulse to the upside, while GBPUSD is testing the resistance area.
10.01.2022
EURUSD is forming a new correctional impulse; USDJPY continues trading upwards, while EURGBP is forming a wave to the downside.
06.01.2022
USDCAD continues forming the rising impulse; AUDUSD is forming another correctional wave, while USDCHF is still trading upwards.
05.01.2022
GOLD continues forming another rising wave; NZDUSD is still correcting, while GBPUSD is testing the resistance area.
04.01.2022
EURUSD is forming the rising impulse; USDJPY is testing the resistance area, while EURGBP is forming correcting.
30.12.2021
USDCAD is testing the support level; AUDUSD is still trading sideways, while USDCHF continues the correction.
29.12.2021
GOLD continues forming another correctional wave; NZDUSD is testing the resistance area, while GBPUSD is still correcting.
28.12.2021
EURUSD continues the correctional impulse; USDJPY is testing the resistance area, while EURGBP is forming the descending impulse.