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.
10.01.2020
Japanese Candlesticks Analysis 10.01.2020 (EURUSD, USDJPY)
EURUSD is testing the rising channel’s downside border, while USDJPY is still trading upwards to reach the ascending channel’s upside border.
09.01.2020
Japanese Candlesticks Analysis 09.01.2020 (USDCAD, AUDUSD)
USDCAD has rebounded from the horizontal support level, while AUDUSD has formed several reversal patterns close to the rising channel’s downside border.
08.01.2020
Japanese Candlesticks Analysis 08.01.2020 (GOLD, NZDUSD)
GOLD continues forming the rising tendency, while NZDUSD is trading near the support level of the rising channel.
31.12.2019
Japanese Candlesticks Analysis 31.12.2019 (EURUSD, USDJPY)
EURUSD is testing the rising channel’s upside border, while USDJPY is still trading close to the support level of the ascending channel.
30.12.2019
Japanese Candlesticks Analysis 30.12.2019 (USDCAD, AUDUSD)
USDCAD is trading close to the horizontal support level, while AUDUSD has formed a reversal pattern close to the rising channel’s upside border.
27.12.2019
Japanese Candlesticks Analysis 27.12.2019 (GOLD, NZDUSD)
GOLD has broken the rising channel’s upside border, while NZDUSD is correcting within the rising tendency.
26.12.2019
Japanese Candlesticks Analysis 26.12.2019 (EURUSD, USDJPY)
EURUSD continues testing the rising channel’s downside border, while USDJPY is still trading in the middle of the ascending channel.
25.12.2019
Japanese Candlesticks Analysis 25.12.2019 (USDCAD, AUDUSD)
USDCAD continues testing the channel’s upside border, while AUDUSD is forming reversal patterns close to the rising channel’s upside border.