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.
17.03.2021
Japanese Candlesticks Analysis 17.03.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is testing the descending channel’s upside border; USDJPY continues the uptrend, while EURGBP is testing the support area again.
16.03.2021
Japanese Candlesticks Analysis 16.03.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD continues trading sideways; AUDUSD is rebounding from the support level, while USDCHF continues correcting within the uptrend.
15.03.2021
Japanese Candlesticks Analysis 15.03.2021 (GOLD, NZDUSD, GBPUSD)
GOLD continues the correctional wave; NZDUSD is rebounding from the support level, while GBPUSD continues the ascending tendency.
12.03.2021
Japanese Candlesticks Analysis 12.03.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is forming another descending wave; USDJPY continues the uptrend, while EURGBP is testing the support area.
11.03.2021
Japanese Candlesticks Analysis 11.03.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD continues trading sideways; AUDUSD is rebounding from the support level, while USDCHF continues moving upwards.
10.03.2021
Japanese Candlesticks Analysis 10.03.2021 (GOLD, NZDUSD, GBPUSD)
GOLD is testing the resistance area; NZDUSD is rebounding from the resistance level, while GBPUSD continues the correctional wave.
09.03.2021
Japanese Candlesticks Analysis 09.03.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is forming another correction; USDJPY is testing the resistance level, while EURGBP continues trading downwards.
08.03.2021
Japanese Candlesticks Analysis 08.03.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD continues trading sideways; AUDUSD is testing the support level, while USDCHF continues moving upwards.