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.
30.07.2018
Japanese Candlesticks Analysis 30.07.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, USDCAD continues growing; from time to time, it forms slight pullbacks and forms Hammer and Doji reversal patterns.
27.07.2018
Japanese Candlestick Analysis for GOLD and NZDUSD: July 27, 2018
On H4, gold is again forming reversal patterns after having reached the support.
26.07.2018
Japanese Candlestick Analysis for EURUSD and USDJPY: July 26, 2018
On H4, the pair has again reached the resistance level on which it has formed several reversal patterns.
25.07.2018
Japanese Candlestick Analysis for USDCAD and AUDUSD: July 25, 2018
On H4, the pair is continuing to rise, making some minor corrections and forming reversal patterns.
24.07.2018
Japanese Candlestick Analysis for GOLD and NZDUSD: July 24, 2018
On H4, the gold is again forming reversal patterns after reaching the support.
23.07.2018
Japanese Candlestick Analysis for EURUSD and USDJPY: July 23, 2018
On H4, the pair is near the resistance, where it formed a few reversal patterns.
20.07.2018
Japanese Candlestick Analysis for USDCAD and AUDUSD: July 20, 2018
On H4, the pair is continuing to rise, making some minor corrections and forming reversal patterns.
19.07.2018
Japanese Candlestick Analysis for GOLD and NZDUSD: July 19.07.2018, 2018
On H4, the gold is again forming reversal patterns, such as hammer, inverted hammer, and harami, after reaching the support.