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.
29.11.2018
Japanese Candlesticks Analysis 29.11.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, USDJPY has rebounded from the resistance level and formed Doji, Harami, and Engulfing reversal patterns.
28.11.2018
Japanese Candlesticks Analysis 28.11.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, USDCAD is testing the resistance level and forming Harami, Doji, and Inverted Hammer reversal patterns.
27.11.2018
Japanese Candlesticks Analysis 27.11.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD has completed another growth; right now, it is still testing the resistance level and forming Hanging Man and Shooting Star reversal patterns.
26.11.2018
Japanese Candlesticks Analysis 26.11.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, EURUSD is forming another pullback from the resistance level and forming Hammer, Engulfing, and Inverted Hammer reversal patterns.
23.11.2018
Japanese Candlesticks Analysis 23.11.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, USDCAD is still being corrected below the resistance level and forming Harami, Hammer, and Inverted Hammer reversal patterns.
22.11.2018
Japanese Candlesticks Analysis 22.11.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, NZDUSD is still testing the resistance level and forming Harami, Shooting Star, and Doji reversal patterns.
21.11.2018
Japanese Candlesticks Analysis 21.11.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, EURUSD has completed the pullback from the resistance level and formed several Hammer and Doji reversal patterns.
20.11.2018
Japanese Candlesticks Analysis 20.11.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, USDCAD is still being corrected below the resistance level and forming Harami, Hanging Man, and Doji reversal patterns.