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.
03.06.2019
Japanese Candlesticks Analysis 03.06.2019 (GOLD, NZDUSD)
GOLD is about to start another correctional wave, while NZDUSD is falling again after testing the resistance line.
31.05.2019
Japanese Candlesticks Analysis 31.05.2019 (EURUSD, USDJPY)
After finishing another descending structure, EURUSD is testing the support level, while USDJPY is testing the channel’s downside border.
30.05.2019
Japanese Candlesticks Analysis 30.05.2019 (USDCAD, AUDUSD)
USDCAD has broken the resistance level and continued forming Triangle pattern, while AUDUSD is testing the resistance level and may reverse.
29.05.2019
Japanese Candlesticks Analysis 29.05.2019 (GOLD, NZDUSD)
GOLD is forming another rising wave after finishing the correction, while NZDUSD is testing the resistance line of the descending channel.
28.05.2019
Japanese Candlesticks Analysis 28.05.2019 (EURUSD, USDJPY)
After finishing the correction, EURUSD is still trading downwards, while USDJPY is trying to rebound from the support level within the uptrend.
27.05.2019
Japanese Candlesticks Analysis 27.05.2019 (USDCAD, AUDUSD)
USDCAD continues trading inside Triangle pattern, while AUDUSD is testing the support level and may reverse.
24.05.2019
Japanese Candlesticks Analysis 24.05.2019 (GOLD, NZDUSD)
GOLD continues moving upwards, while NZDUSD is still falling rather quickly.
23.05.2019
Japanese Candlesticks Analysis 23.05.2019 (EURUSD, USDJPY)
EURUSD is still trading downwards, while USDJPY continues growing with recurrent corrections.