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.
22.01.2020
Japanese Candlesticks Analysis 22.01.2020 (USDCAD, AUDUSD)
In case of USDCAD, the sideways movement was followed by a slight growth, while AUDUSD has completed one more correction towards the support level.
21.01.2020
Japanese Candlesticks Analysis 21.01.2020 (GOLD, NZDUSD)
GOLD is still moving sideways within the rising tendency, while NZDUSD continues trading close to the support level.
20.01.2020
Japanese Candlesticks Analysis 20.01.2020 (EURUSD, USDJPY)
EURUSD has corrected towards the support level, while USDJPY is trading near the ascending channel’s upside border.
17.01.2020
Japanese Candlesticks Analysis 17.01.2020 (USDCAD, AUDUSD)
USDCAD continues moving sideways, while AUDUSD has completed anther correction close to the rising channel’s downside border.
16.01.2020
Japanese Candlesticks Analysis 16.01.2020 (GOLD, NZDUSD)
GOLD is still correcting within the rising tendency, while NZDUSD continues trading inside the downtrend.
15.01.2020
Japanese Candlesticks Analysis 15.01.2020 (EURUSD, USDJPY)
EURUSD continues trading near the rising channel’s downside border, while USDJPY is testing the ascending channel’s upside border.
14.01.2020
Japanese Candlesticks Analysis 14.01.2020 (USDCAD, AUDUSD)
USDCAD continues moving sideways near the channel’s upside border, while AUDUSD is still trading close to the rising channel’s downside border.
13.01.2020
Japanese Candlesticks Analysis 13.01.2020 (GOLD, NZDUSD)
GOLD is correcting within the rising tendency, while NZDUSD is trading to return into the rising channel.