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.
19.11.2020
Japanese Candlesticks Analysis 19.11.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is finishing the pullback within ascending tendency; USDJPY is correcting to the upside, while EURGBP continues moving within the downtrend.
18.11.2020
Japanese Candlesticks Analysis 18.11.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues the correction within the downtrend; AUDUSD is finishing the pullback within the ascending tendency, while USDCHF is still moving downwards.
17.11.2020
Japanese Candlesticks Analysis 17.11.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is trying to regain positions; NZDUSD is rebounding from the resistance level once again, while GBPUSD continues growing within the rising channel.
16.11.2020
Japanese Candlesticks Analysis 16.11.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is correcting within ascending tendency; USDJPY is rebounding from the resistance area, while EURGBP continues moving within the downtrend.
13.11.2020
Japanese Candlesticks Analysis 13.11.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues the correction within the downtrend; AUDUSD is forming a pullback within the ascending tendency, while USDCHF is still testing the channel’s upside border.
12.11.2020
Japanese Candlesticks Analysis 12.11.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is testing the support level; NZDUSD is rebounding from the resistance level within the rising tendency, while GBPUSD continues rebounding from the channel’s upside border.
11.11.2020
Japanese Candlesticks Analysis 11.11.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is rebounding from the support level; USDJPY is testing another resistance area, while EURGBP continues moving within the downtrend.
10.11.2020
Japanese Candlesticks Analysis 10.11.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing another support level; AUDUSD is correcting within the ascending tendency, while USDCHF continues rebounding from the support level.