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.
03.05.2021
Japanese Candlesticks Analysis 03.05.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is testing the support area; USDJPY continues rebounding from the support level, while EURGBP is trading sideways.
30.04.2021
Japanese Candlesticks Analysis 30.04.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is forming a pullback within the descending tendency; AUDUSD continues trading within the uptrend, while USDCHF is testing another support level.
29.04.2021
Japanese Candlesticks Analysis 29.04.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD is forming another correction; NZDUSD is testing the channel’s upside border, while GBPUSD continues forming its rising impulse.
28.04.2021
Japanese Candlesticks Analysis 28.04.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is correcting within the ascending tendency; USDJPY continues rebounding from the support level, while EURGBP is forming another impulse to the downside.
27.04.2021
Japanese Candlesticks Analysis 27.04.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is correcting within the descending tendency; AUDUSD continues trading within the uptrend, while USDCHF is testing the support level.
26.04.2021
Japanese Candlesticks Analysis 26.04.2021 (GOLD, NZDUSD, GBPUSD)
GOLD is finishing the correction; NZDUSD continues the ascending tendency, while GBPUSD is forming a new rising impulse after finishing the pullback.
23.04.2021
Japanese Candlesticks Analysis 23.04.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is forming an ascending impulse; USDJPY continues testing the support level, while EURGBP is completing the correction within the downtrend.
22.04.2021
Japanese Candlesticks Analysis 22.04.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is still forming another descending wave; AUDUSD continues the correctio within the uptrend, while USDCHF is falling to reach the next support level.