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.
04.06.2021
Japanese Candlesticks Analysis 04.06.2021 (EURUSD, USDJPY, EURGBP)
EURUSD continues falling towards the support level; USDJPY is correcting from the resistance area, while EURGBP continues testing the support area.
03.06.2021
Japanese Candlesticks Analysis 03.06.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD continues testing the support level; AUDUSD is forming a correctional impulse, while USDCHF is trading within the uptrend.
02.06.2021
Japanese Candlesticks Analysis 02.06.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD is forming another correctional impulse; NZDUSD is falling towards the channel’s upside border, while GBPUSD is testing the support level.
01.06.2021
Japanese Candlesticks Analysis 01.06.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is rebounding from the support level; USDJPY continues falling towards the channel’s downside border, while EURGBP is testing the support area.
31.05.2021
Japanese Candlesticks Analysis 31.05.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD continues trading sideways; AUDUSD is testing the support level, while USDCHF is forming another rising impulse.
28.05.2021
Japanese Candlesticks Analysis 28.05.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD is still forming another correctional impulse; NZDUSD is rebounding from the channel’s upside border, while GBPUSD is testing the resistance level.
27.05.2021
Japanese Candlesticks Analysis 27.05.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is testing the support level again; USDJPY continues rebounding from the channel’s downside border, while EURGBP is forming a new descending impulse.
26.05.2021
Japanese Candlesticks Analysis 26.05.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing the support area; AUDUSD continues rebounding from the channel’s downside border, while USDCHF is forming another correctional impulse.