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.
01.12.2020
Japanese Candlesticks Analysis 01.12.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD keeps developing descending dynamics; AUDUSD is testing the lower border of the ascending channel, USDCHF is forming another decline inside the descending channel.
30.11.2020
Japanese Candlesticks Analysis 30.11.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is testing another support level; NZDUSD is forming another correction upon renewing the highs, GBPUSD keeps developing ascending dynamics.
27.11.2020
Japanese Candlesticks Analysis 27.11.2020 (EURUSD, USDJPY, EURGBP)
EURUSD continues the ascending tendency, while USDJPY and EURGBP are both correcting within their respective downtrends.
26.11.2020
Japanese Candlesticks Analysis 26.11.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues the downtrend; AUDUSD is reversing, while USDCHF is falling within the descending channel.
25.11.2020
Japanese Candlesticks Analysis 25.11.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is testing another support level; NZDUSD is correcting after updating its highs, while GBPUSD is still growing within the rising channel.
24.11.2020
Japanese Candlesticks Analysis 24.11.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is finishing the pullback within ascending tendency; USDJPY is still correcting inside the descending channel, while EURGBP is re-testing the support area.
23.11.2020
Japanese Candlesticks Analysis 23.11.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues the correction within the downtrend; AUDUSD is forming another pullback, while USDCHF is still moving sideways.
20.11.2020
Japanese Candlesticks Analysis 20.11.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is still trying to regain positions; NZDUSD continues moving within the uptrend, while GBPUSD is still growing within the rising channel.