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.
15.03.2019
Japanese Candlesticks Analysis 15.03.2019 (USDCAD, AUDUSD)
As we can see in the H4 chart, USDCAD is testing the support level and forming Hammer, Doji, and Inverted Hammer reversal patterns.
14.03.2019
Japanese Candlesticks Analysis 14.03.2019 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD continues growing with slight pullback from time to time.
13.03.2019
Japanese Candlesticks Analysis 13.03.2019 (EURUSD, USDJPY)
As we can see in the H4 chart, after reaching the support level, EURUSD started a new pullback with Engulfing, Hammer, and Doji reversal patterns.
12.03.2019
Japanese Candlesticks Analysis 12.03.2019 (USDCAD, AUDUSD)
As we can see in the H4 chart, AUDUSD is still trading close to the support level and forming Hammer, Inverted Hammer, and Harami reversal patterns.
11.03.2019
Japanese Candlesticks Analysis 11.03.2019 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD has reached the support level and formed several Engulfing, Hammer, and Inverted Hammer reversal patterns.
08.03.2019
Japanese Candlesticks Analysis 08.03.2019 (EURUSD, USDJPY)
As we can see in the H4 chart, EURUSD has reached the support level and formed several Engulfing, Hammer, and Inverted Hammer reversal patterns.
07.03.2019
Japanese Candlesticks Analysis 07.03.2019 (USDCAD, AUDUSD)
As we can see in the H4 chart, AUDUSD is still trading close to the support level and forming Hammer reversal patterns.
06.03.2019
Japanese Candlesticks Analysis 06.03.2019 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD has reached the support level and formed several Hammer and Inverted Hammer reversal patterns.