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.
23.02.2021
Japanese Candlesticks Analysis 23.02.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is forming a bounce off the support line; AUDUSD is preparing to continue the uptrend, USDCHF keeps developing the uptrend.
22.02.2021
Japanese candlesticks analysis 22.02.2021 (GOLD, NZDUSD, GBPUSD)
Gold is forming a bounce off the support level; NZDUSD keeps correcting inside an ascending channel, GBPUSD is testing the resistance level.
19.02.2021
Japanese Candlesticks Analysis 19.02.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is rebounding from the support area; USDJPY is correcting within the uptrend, while EURGBP is testing another support level.
18.02.2021
Japanese Candlesticks Analysis 18.02.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is rebounding from the resistance level; AUDUSD is about to continue the uptrend, while USDCHF is testing the resistance area.
17.02.2021
Japanese Candlesticks Analysis 17.02.2021 (GOLD, NZDUSD, GBPUSD)
GOLD is testing the support area again; NZDUSD is rebounding from the channel’s downside border, while GBPUSD is still correcting from the resistance area.
16.02.2021
Japanese Candlesticks Analysis 16.02.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is testing the resistance area; USDJPY is correcting within the uptrend, while EURGBP has broken the support area again.
15.02.2021
Japanese Candlesticks Analysis 15.02.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is forming another descending impulse; AUDUSD continues the uptrend, while USDCHF is falling towards the support area.
12.02.2021
Japanese Candlesticks Analysis 12.02.2021 (GOLD, NZDUSD, GBPUSD)
GOLD continues the correction within the uptrend; NZDUSD is moving upwards, while GBPUSD is still correcting from the resistance area.