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.
09.08.2018
Japanese Candlesticks Analysis 09.08.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD is still testing the support level and forming Hammer, engulfing, Doji, and Inverted Hammer reversal patterns there.
08.08.2018
Japanese Candlesticks Analysis 08.08.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, USDJPY is still trading close to the support level and forming Doji, Hammer, and Engulfing reversal patterns.
07.08.2018
Japanese Candlesticks Analysis 07.08.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, AUDUSD continues moving sideways with pullbacks towards support and resistance levels, where it is forming Harami, Hammer, Doji, and Engulfing reversal patterns.
06.08.2018
Japanese Candlesticks Analysis 06.08.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD is still testing the support level and forming Hammer, Doji, and Inverted Hammer reversal patterns there.
03.08.2018
Japanese Candlesticks Analysis 03.08.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, EURUSD has reached the support level once again and formed several Hammer and Harami reversal patterns there.
02.08.2018
Japanese Candlesticks Analysis 02.08.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, AUDUSD continues moving sideways with pullbacks towards support and resistance levels, where it is forming Harami, Hammer, and Engulfing reversal patterns.
01.08.2018
Japanese Candlesticks Analysis 01.08.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD is still trading close to the support level and forming Hammer, Doji, and Inverted Hammer reversal patterns there.
31.07.2018
Japanese Candlesticks Analysis 31.07.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, EURUSD has reached the resistance level once again and formed several Hanging Man and Harami reversal patterns there.