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.
06.01.2021
Japanese Candlesticks Analysis 06.01.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is still moving upwards; USDJPY is correcting towards the channel’s upside border, while EURGBP is rebounding from the support area.
22.12.2020
Japanese Candlesticks Analysis 22.12.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues the correction within the downtrend; AUDUSD is still moving upwards, while USDCHF continues falling.
21.12.2020
Japanese Candlesticks Analysis 21.12.2020 (GOLD, NZDUSD, GBPUSD)
GOLD continues rebounding from the support area; NZDUSD is still correcting within the uptrend, while GBPUSD continues falling towards the support level.
18.12.2020
Japanese Candlesticks Analysis 18.12.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is forming another pullback within the ascending tendency; USDJPY is correcting towards the channel’s upside border, while EURGBP continues moving upwards.
17.12.2020
Japanese Candlesticks Analysis 17.12.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD has finished another pullback within the downtrend; AUDUSD is still forming the rising channel, while USDCHF continues falling.
16.12.2020
Japanese Candlesticks Analysis 16.12.2020 (GOLD, NZDUSD, GBPUSD)
After rebounding from the support area, GOLD continues trading upwards; NZDUSD is still growing, while GBPUSD is correcting within the ascending tendency.
15.12.2020
Japanese Candlesticks Analysis 15.12.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is forming another pullback within the ascending tendency, while USDJPY and EURGBP both continue moving upwards.
14.12.2020
Japanese Candlesticks Analysis 14.12.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD has finished the pullback within the downtrend; AUDUSD is still forming the rising channel, while USDCHF has completed the correctio towards the channel’s downside border.