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.
09.04.2021
Japanese Candlestick Analysis 09.04.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is correcting to the upper border of the channel; AUDUSD keeps bouncing off the upper border of the channel, USDCHF is forming a bounce off the support level.
08.04.2021
Japanese Candlesticks Analysis 08.04.2021 (GOLD, NZDUSD, GBPUSD)
GOLD is testing the resistance level; NZDUSD keeps on along the channel border, GBPUSD is forming a correction inside a decline.
07.04.2021
Japanese Candlestick Analysis 07.04.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is forming a bounce off the resistance level; USDJPY keeps correcting in an uptrend, EURGBP is forming another wave of growth.
05.04.2021
Japanese Candlesticks Analysis 05.04.2021 (GOLD, NZDUSD, GBPUSD)
GOLD is testing the upper border of the channel; NZDUSD rests in a flat, GBPUSD is forming a bounce off the resistance level.
02.04.2021
Japanese Candlesticks Analysis 02.04.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is rebounding from the support area; USDJPY continues the correction within the ascending tendency, while EURGBP is forming one more correctional wave.
01.04.2021
Japanese Candlesticks Analysis 01.04.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is heading towards the channel’s upside border; AUDUSD continues trading within the downtrend, while USDCHF is breaking another resistance level.
31.03.2021
Japanese Candlesticks Analysis 31.03.2021 (GOLD, NZDUSD, GBPUSD)
GOLD is testing another support area; NZDUSD continues trading sideways, while GBPUSD is still moving within the downtrend.
30.03.2021
Japanese Candlesticks Analysis 30.03.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is testing another support area; USDJPY continues growing, while EURGBP is forming one more correctional wave.