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.
14.04.2020
Japanese Candlesticks Analysis 14.04.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is correcting within the uptrend; NZDUSD is still reversing, while GBPUSD continues growing along the rising channel’s downside border.
13.04.2020
Japanese Candlesticks Analysis 13.04.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is correcting within the rising channel; USDJPY continues falling, while EURGBP is still trading sideways.
10.04.2020
Japanese Candlesticks Analysis 10.04.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is moving inside the descending channel; AUDUSD continues forming the rising tendency, while USDCHF is finishing the correction within the uptrend.
08.04.2020
Japanese Candlesticks Analysis 08.04.2020 (EURUSD, USDJPY, EURGBP)
EURUSD continues the correction within the rising channel; USDJPY is reversing after forming a reversal pattern not far from the support level, while EURGBP is testing the descending channel’s upside border.
07.04.2020
Japanese Candlesticks Analysis 07.04.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues the descending tendency; after finishing the correction, AUDUSD is growing from the support level, while USDCHF is testing the horizontal resistance level within the rising tendency.
06.04.2020
Japanese Candlesticks Analysis 06.04.2020 (GOLD, NZDUSD, GBPUSD)
GOLD continues trading inside the horizontal channel; NZDUSD is still testing the support level, while GBPUSD is moving not far from the rising channel’s downside border.
03.04.2020
Japanese Candlesticks Analysis 03.04.2020 (EURUSD, USDJPY, EURGBP)
EURUSD continues forming the rising channel; USDJPY is rebounding from the support level, while EURGBP is still forming the descending channel.
02.04.2020
Japanese Candlesticks Analysis 02.04.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues the descending tendency; after finishing the correction, AUDUSD is rebounding from the support level, while USDCHF is still trading upwards.