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.
15.12.2021
EURUSD is forming the ascending impulse; USDJPY continues trading sideways, while EURGBP is forming the rising wave.
14.12.2021
USDCAD is rebounding from the resistance level; AUDUSD is testing the support area, while USDCHF continues trading upwards.
13.12.2021
GOLD continues forming the wave to the upside; NZDUSD is trading sideways, while GBPUSD is testing the channel’s upside border.
10.12.2021
EURUSD is forming the descending impulse; USDJPY is trading upwards, while EURGBP is forming the rising wave.
09.12.2021
USDCAD is rebounding from the support level; AUDUSD is testing the channel’s upside border, while USDCHF continues testing the support area.
08.12.2021
GOLD is forming a new wave to the upside; NZDUSD continues rebounding from the support area, while GBPUSD is testing the channel’s upside border.
07.12.2021
EURUSD continues forming the correctional impulse; USDJPY is still rebounding from the support area, while EURGBP is trading downwards.
06.12.2021
USDCAD is testing the resistance level; AUDUSD is correcting from the support level, while USDCHF continues testing the support area.