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.
03.12.2021
GOLD is correcting; NZDUSD is still testing the support area, while GBPUSD is about to rebound from the channel’s upside border.
02.12.2021
EURUSD continues forming the correctional impulse; USDJPY is testing another support area, while EURGBP is trading upwards.
01.12.2021
USDCAD continues trading sideways; AUDUSD is correcting from the support level, while USDCHF is testing the support area.
30.11.2021
GOLD is forming a new wave to the upside; NZDUSD is testing the support area, while GBPUSD continues trading sideways.
29.11.2021
EURUSD continues forming the correctional impulse; USDJPY is testing the support area, while EURGBP is correcting.
26.11.2021
USDCAD continues trading upwards; AUDUSD is rebounding from the support level again, while USDCHF is still correcting.
25.11.2021
GOLD is finishing the correctional wave; NZDUSD is testing the support level, while GBPUSD is correcting within the downtrend.
24.11.2021
EURUSD is forming another correctional impulse; USDJPY is testing the resistance area, while EURGBP continues trading to the downside.