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.
12.09.2018
Japanese Candlesticks Analysis 12.09.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD is still trading below the resistance level and forming Hammer, Engulfing, and Doji reversal patterns.
11.09.2018
Japanese Candlesticks Analysis 11.09.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, EURUSD continues growing and forming Hammer, Harami, and Doji reversal patterns during slight pullbacks.
10.09.2018
Japanese Candlesticks Analysis 10.09.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, AUDUSD is still trading close to the support level and forming Doji, Hammer, and Inverted Hammer reversal patterns there.
07.09.2018
Japanese Candlesticks Analysis 07.09.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD continues forming Hammer, Engulfing, and Doji reversal patterns.
06.09.2018
Japanese Candlesticks Analysis 06.09.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, EURUSD continues growing and forming Hammer, Harami, and Doji reversal patterns during pullbacks.
05.09.2018
Japanese Candlesticks Analysis 05.09.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, AUDUSD is trading close to the support level and forming Doji, Hammer, and Inverted Hammer reversal patterns there.
04.09.2018
Japanese Candlesticks Analysis 04.09.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, NZDUSD is being corrected towards the support level once again and forming Hammer and Inverted Hammer reversal patterns.
03.09.2018
Japanese Candlesticks Analysis 03.09.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, EURUSD continues growing and forming Harami and Doji reversal patterns during pullbacks.