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.
01.02.2021
Japanese Candlesticks Analysis 01.02.2021 (GOLD, NZDUSD, GBPUSD)
GOLD continues moving sideways; NZDUSD is rebounding from the support area, while GBPUSD is updating its highs once again.
29.01.2021
Japanese Candlesticks Analysis 29.01.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is forming another descending impulse; USDJPY continues moving upwards within the ascending channel, while EURGBP is rebounding from the support area.
28.01.2021
Japanese Candlesticks Analysis 28.01.2021 (USDCAD, AUDUSD, USDCHF)
After breaking the channel’s upside border, USDCAD is testing the resistance area; AUDUSD is forming a new descending impulse, while USDCHF is still correcting.
27.01.2021
Japanese Candlesticks Analysis 27.01.2021 (GOLD, NZDUSD, GBPUSD)
GOLD continues moving sideways; NZDUSD is rebounding from the resistance area, while GBPUSD has updated its highs again.
26.01.2021
Japanese Candlesticks Analysis 26.01.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is forming another correctional impulse; USDJPY continues moving downwards within the descending channel, while EURGBP is rebounding from the support area again.
25.01.2021
Japanese Candlesticks Analysis 25.01.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD continues moving downwards; AUDUSD is forming another rising impulse, while USDCHF is still correcting after rebounding from the channel’s upside border.
22.01.2021
Japanese Candlesticks Analysis 22.01.2021 (GOLD, NZDUSD, GBPUSD)
GOLD is testing another resistance level; NZDUSD continues the correctional wave, while GBPUSD is correcting within the uptrend.
21.01.2021
Japanese Candlesticks Analysis 21.01.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is forming another ascending impulse; USDJPY continues moving downwards within the descending channel, while EURGBP is rebounding from the support area again.