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.
19.04.2018
Japanese Candlesticks Analysis 19.04.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, after reaching the support level, USDCAD has formed several Harami, Hammer, and Inverted Hammer reversal patterns there.
18.04.2018
Japanese Candlesticks Analysis 18.04.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD continues forming Engulfing and Doji reversal patterns at the support level.
17.04.2018
Japanese Candlesticks Analysis 17.04.2018 (EURUSD, USDJPY)
After reaching the resistance level in the H4 chart, EURUSD has formed several Doji, Harami, and Long-Legged Doji reversal patterns there.
16.04.2018
Japanese Candlesticks Analysis 16.04.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, after reaching the support level, USDCAD has formed several Hammer and Inverted Hammer reversal patterns there.
13.04.2018
Japanese Candlesticks Analysis 13.04.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD has been corrected towards the resistance level and formed several Engulfing and Doji reversal patterns there.
12.04.2018
Japanese Candlesticks Analysis 12.04.2018 (EURUSD, USDJPY)
After reaching the resistance level in the H4 chart, EURUSD has formed several Hanging Man, Long-Legged Doji, and Engulfing reversal patterns there.
11.04.2018
Japanese Candlesticks Analysis 11.04.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, AUDUSD has reached the resistance level and formed several Shooting Star and Engulfing reversal patterns there.
10.04.2018
Japanese Candlesticks Analysis 10.04.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD has formed several Doji, Harami and Shooting Star reversal patterns.