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.
20.10.2021
Japanese Candlesticks Analysis 20.10.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is forming another correctional impulse; AUDUSD is testing the channel’s upside border, while USDCHF continues moving upwards.
19.10.2021
Japanese Candlesticks Analysis 19.10.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD is trading upwards; NZDUSD continues forming the ascending impulse, while GBPUSD is testing another resistance level.
18.10.2021
Japanese Candlesticks Analysis 18.10.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is finishing the correctional wave; USDJPY is testing the resistance area, while EURGBP is correcting within the downtrend.
15.10.2021
Japanese Candlesticks Analysis 15.10.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is correcting; AUDUSD is testing the channel’s upside border, while USDCHF is about to resume moving upwards.
14.10.2021
Japanese Candlesticks Analysis 14.10.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD is trading upwards; NZDUSD continues forming the ascending wave, while GBPUSD is testing the resistance level.
13.10.2021
Japanese Candlesticks Analysis 13.10.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is forming another correctional wave; USDJPY is testing the resistance area, while EURGBP continues trading downwards.
12.10.2021
Japanese Candlesticks Analysis 12.10.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is correcting within the downtrend; AUDUSD is about to resume moving upwards, while USDCHF is testing the channel’s downside border.
11.10.2021
Japanese Candlesticks Analysis 11.10.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD is moving sideways; NZDUSD is testing the channel’s upside border, while GBPUSD continues forming the rising impulse.