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.
24.04.2020
Japanese Candlesticks Analysis 24.04.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is breaking the support line; USDJPY continues trading sideways, while EURGBP is trying to test the support level again.
23.04.2020
Japanese Candlesticks Analysis 23.04.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues forming the ascending tendency; AUDUSD is still moving sideways, while USDCHF is forming a rising tendency along the ascending channel’s downside border.
22.04.2020
Japanese Candlesticks Analysis 22.04.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is testing the support level; NZDUSD continues reversing, while GBPUSD has completed the correction close to the rising channel’s downside border.
21.04.2020
Japanese Candlesticks Analysis 21.04.2020 (EURUSD, USDJPY, EURGBP)
Both EURUSD and USDJPY are testing their respective support lines, while EURGBP continues trading sideways.
20.04.2020
Japanese Candlesticks Analysis 20.04.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is forming a new ascending tendency; AUDUSD is still correcting within the rising tendency, while USDCHF is trading not far from the ascending channel’s downside border.
17.04.2020
Japanese Candlesticks Analysis 17.04.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is correcting within the uptrend; NZDUSD continues rebounding from the support level, while GBPUSD is testing another support line.
16.04.2020
Japanese Candlesticks Analysis 16.04.2020 (EURUSD, USDJPY, EURGBP)
EURUSD continues testing the support line; USDJPY is reversing, while EURGBP continues trading sideways.
15.04.2020
Japanese Candlesticks Analysis 15.04.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is trying to break the descending channel’s upside border; AUDUSD is correcting within the rising tendency, while USDCHF is testing the ascending channel’s downside border.