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.
20.08.2019
Japanese Candlesticks Analysis 20.08.2019 (EURUSD, USDJPY)
After rebounding from the descending channel’s upside border, EURUSD is still moving upwards; USDJPY is still testing the descending channel’s downside border.
19.08.2019
Japanese Candlesticks Analysis 19.08.2019 (USDCAD, AUDUSD)
USDCAD is testing the support level of the ascending channel again. AUDUSD is moving in a flat, forming a descending channel.
16.08.2019
Japanese Candlesticks Analysis 16.08.2019 (GOLD, NZDUSD)
GOLD continues testing the ascending channel’s upside border, while NZDUSD is still trading close to the support line.
15.08.2019
Japanese Candlesticks Analysis 15.08.2019 (EURUSD, USDJPY)
EURUSD has rebounded from the descending channel’s upside border, while USDJPY is still testing the descending channel’s downside border.
14.08.2019
Japanese Candlesticks Analysis 14.08.2019 (USDCAD, AUDUSD)
USDCAD is still testing the support line within the ascending channel, while AUDUSD is testing the descending channel’s upside border.
13.08.2019
Japanese Candlesticks Analysis 13.08.2019 (GOLD, NZDUSD)
GOLD continues moving within the ascending tendency, while NZDUSD is still testing the support line.
12.08.2019
Japanese Candlesticks Analysis 12.08.2019 (EURUSD, USDJPY)
EURUSD is still testing the descending channel’s upside border, while USDJPY is testing the descending channel’s downside border.
09.08.2019
Japanese Candlesticks Analysis 09.08.2019 (USDCAD, AUDUSD)
USDCAD has reached the support line within the ascending channel, while AUDUSD is testing the descending channel’s upside border.