Japanese Candlesticks Analysis
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.
11.11.2021
Japanese Candlestick Analysis 11.11.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is testing the support level; USDJPY is forming a bounce off the resistance level, EURGBP keeps correcting the growth.
10.11.2021
Japanese Candlestick Analysis 10.11.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD keeps correcting from the resistance level; AUDUSD is forming another descending impulse, USDCHF is continuing a correctional wave.
09.11.2021
Japanese Candlestick Analysis 09.11.2021 (XAUUSD, NZDUSD, GBPUSD)
Gold is forming a correctional momentum; NZDUSD is testing the resistance level, GBPUSD keeps bouncing off the resistance level.
08.11.2021
Japanese Candlestick Analysis for 08.11.2021 (EURUSD, USDJPY, EURGBP)
EURUSD keeps testing the support level; USDJPY is testing the support level, EURGBP is forming a bounce off the resistance level.
05.11.2021
Japanese Candlesticks Analysis 05.11.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing the resistance level; AUDUSD is falling, while USDCHF continues forming the correctional wave.
04.11.2021
Japanese Candlesticks Analysis 04.11.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD continues forming the correctional impulse; NZDUSD is forming another rising wave, while GBPUSD is testing the support area.
03.11.2021
Japanese Candlesticks Analysis 03.11.2021 (EURUSD, USDJPY, EURGBP)
EURUSD continues rebounding from the support level; USDJPY is testing the channel’s downside border, while EURGBP is correcting from the resistance level.
02.11.2021
Japanese Candlesticks Analysis 02.11.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD continues forming the correctional impulse; AUDUSD is falling towards the channel’s downside border, while USDCHF is testing the support area.