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.
12.07.2021
GOLD continues trading sideways; NZDUSD is forming a descending impulse, while GBPUSD is testing the resistance area.
09.07.2021
EURUSD is still rebounding from the channel’s upside border; USDJPY is testing the support area, while EURGBP continues trading within the descending tendency.
08.07.2021
USDCAD continues moving upwards; AUDUSD is testing the support level, while USDCHF continues trading within the uptrend.
07.07.2021
GOLD continues rebounding from the support level; NZDUSD is testing the support area, while GBPUSD is correcting within the downtrend.
06.07.2021
EURUSD is still rebounding from the support area; USDJPY is forming another descending impulse, while EURGBP continues trading within the descending tendency.
05.07.2021
USDCAD continues testing the support level; AUDUSD is testing the resistance area, while USDCHF continues trading within the uptrend.
02.07.2021
GOLD continues trading sideways; NZDUSD is rebounding from the support level, while GBPUSD is testing another support area.
01.07.2021
EURUSD is testing the support area; USDJPY is forming another rising impulse, while EURGBP continues trading within the descending tendency.