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.
01.05.2018
Japanese Candlesticks Analysis 01.05.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD continues falling; it has formed several Hammer, Engulfing, and Doji reversal patterns.
30.04.2018
Japanese Candlesticks Analysis 30.04.2018 (EURUSD, USDJPY)
In the H4 chart, after finishing a slight correction from the support level, EURUSD has formed several Harami and Doji reversal patterns.
27.04.2018
Japanese Candlesticks Analysis 27.04.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, after reaching the resistance level once again, USDCAD has formed several Doji, Hanging Man, and Shooting Star reversal patterns there.
26.04.2018
Japanese Candlesticks Analysis 26.04.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD has formed several Hammer and Doji reversal patterns.
25.04.2018
Japanese Candlesticks Analysis 25.04.2018 (EURUSD, USDJPY)
After falling towards the support level in the H4 chart, EURUSD has formed several Hammer and Harami reversal patterns there.
24.04.2018
Japanese Candlesticks Analysis 24.04.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, after reaching the resistance level, USDCAD has formed several Doji and Shooting Star reversal patterns there.
23.04.2018
Japanese Candlesticks Analysis 23.04.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD has completed the correction towards the support level and formed several Hammer and Doji reversal patterns there.
20.04.2018
Japanese Candlesticks Analysis 20.04.2018 (EURUSD, USDJPY)
After rebounding from the resistance level in the H4 chart, EURUSD has formed several Hammer and Doji reversal patterns.