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.
23.11.2021
USDCAD is testing the resistance level; AUDUSD is rebounding from the support level, while USDCHF is still correcting.
22.11.2021
GOLD is testing the support level; NZDUSD is forming a new rising impulse, while GBPUSD continues trading downwards.
19.11.2021
EURUSD continues forming the correctional impulse; USDJPY is about to resume growing, while EURGBP is forming another wave to the downside.
18.11.2021
USDCAD is testing the resistance level; AUDUSD is rebounding from the support level, while USDCHF is still correcting.
17.11.2021
GOLD is finishing the correctional impulse; NZDUSD is testing another support area, while GBPUSD is correcting.
16.11.2021
EURUSD is testing another support level; USDJPY is rebounding from the resistance area, while EURGBP is about to start one more wave to the upside.
15.11.2021
USDCAD continues forming the correctional impulse; AUDUSD is rebounding from the support level again, while USDCHF is still correcting.
12.11.2021
GOLD is forming a correctional impulse; NZDUSD is testing the support level, GBPUSD is forming a correctional wave.