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.
06.10.2020
Japanese Candlesticks Analysis 06.10.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is correcting from the resistance area; NZDUSD is still correcting after finishing the descending structure, while GBPUSD continues moving within the uptrend.
05.10.2020
Japanese Candlesticks Analysis 05.10.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is rebounding from the descending channel’s upside border; USDJPY continues rising, while EURGBP is rebounding from the support area again.
02.10.2020
Japanese Candlesticks Analysis 02.10.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is still moving upwards; AUDUSD, after finishing the correction, continues moving downwards, while USDCHF is completing the correction within the rising tendency.
01.10.2020
Japanese Candlesticks Analysis 01.10.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is rebounding from the support area; NZDUSD is still correcting after finishing the descending structure, while GBPUSD continues the correction within the downtrend.
30.09.2020
Japanese Candlesticks Analysis 30.09.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is rebounding from the descending channel’s upside border; USDJPY is correcting within the rising tendency, while EURGBP is still rebounding from the support area.
29.09.2020
Japanese Candlesticks Analysis 29.09.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is still moving upwards; AUDUSD is correcting from the support area, while USDCHF is completing the correction within the rising tendency.
28.09.2020
Japanese Candlesticks Analysis 28.09.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is rebounding from the descending channel’s downside border; USDJPY is correcting within the rising tendency, while EURGBP is once again testing the support area.
25.09.2020
Japanese Candlesticks Analysis 25.09.2020 (GOLD, NZDUSD, GBPUSD)
Both GOLD and GBPUSD are testing their respective support levels, while NZDUSD is correcting after finishing the descending structure.