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.
29.03.2021
Japanese Candlesticks Analysis 29.03.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing the channel’s upside border; AUDUSD continues correcting within the downtrend, while USDCHF is breaking the resistance level.
26.03.2021
Japanese Candlesticks Analysis 26.03.2021 (GOLD, NZDUSD, GBPUSD)
GOLD continues trading sideways; NZDUSD is testing the support area, while GBPUSD is correcting within the downtrend.
25.03.2021
Japanese Candlesticks Analysis 25.03.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is testing another support area; USDJPY continues growing, while EURGBP is correcting within the downtrend.
24.03.2021
Japanese Candlesticks Analysis 24.03.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing the resistance area; AUDUSD continues trading downwards, while USDCHF is breaking the resistance level.
23.03.2021
Japanese Candlesticks Analysis 23.03.2021 (GOLD, NZDUSD, GBPUSD)
GOLD continues forming another ascending wave; NZDUSD is forming a new impulse to the downside, while GBPUSD is testing the rising channel’s downside border.
22.03.2021
Japanese Candlesticks Analysis 22.03.2021 (EURUSD, USDJPY, EURGBP)
EURUSD continues trading sideways; USDJPY is about to resume growing, while EURGBP is moving within the downtrend.
19.03.2021
Japanese Candlesticks Analysis 19.03.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD continues rebounding from the support area; AUDUSD is testing the channel’s downside border, while USDCHF continues correcting within the uptrend.
18.03.2021
Japanese Candlesticks Analysis 18.03.2021 (GOLD, NZDUSD, GBPUSD)
GOLD continues the ascending wave; NZDUSD is testing the resistance level, while GBPUSD continues the ascending tendency.