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.
19.11.2018
Japanese Candlesticks Analysis 19.11.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD has completed another growth and formed several Hanging Man and Shooting Star reversal patterns.
16.11.2018
Japanese Candlesticks Analysis 16.11.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, EURUSD has formed several Hammer, Harami, and Inverted Hammer reversal patterns and right now is still trading upwards from the support level.
15.11.2018
Japanese Candlesticks Analysis 15.11.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, USDCAD is still being corrected below the resistance level and forming Harami, Hanging Man, Shooting Star, and Doji reversal patterns.
14.11.2018
Japanese Candlesticks Analysis 14.11.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD is forming another correction from the support level with Doji, Hammer, and Inverted Hammer reversal patterns.
13.11.2018
Japanese Candlesticks Analysis 13.11.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, EURUSD is testing another support level and forming Hammer, Harami, and Inverted Hammer reversal patterns.
12.11.2018
Japanese Candlesticks Analysis 12.11.2018 (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.
09.11.2018
Japanese Candlesticks Analysis 09.11.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD is forming another correction from the resistance level with Doji and Hammer reversal patterns.
08.11.2018
Japanese Candlesticks Analysis 08.11.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, EURUSD is forming another correction from the resistance level with Hammer, Harami, and Doji reversal patterns.