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.

09.04.2018

Japanese Candlesticks Analysis 09.04.2018 (EURUSD, USDJPY)

After reaching the support level in the H4 chart, EURUSD has formed several Hammer reversal patterns there.
06.04.2018

Japanese Candlesticks Analysis 06.04.2018 (USDCAD, AUDUSD)

As we can see in the H4 chart, after breaking the support level, USDCAD has formed several Hammer reversal patterns and right now is being corrected again.
05.04.2018

Japanese Candlesticks Analysis 05.04.2018 (GOLD, NZDUSD)

As we can see in the H4 chart, XAUUSD has been corrected and formed several Harami and Shooting Star reversal patterns.
04.04.2018

Japanese Candlesticks Analysis 04.04.2018 (EURUSD, USDJPY)

After returning to the support level in the H4 chart, EURUSD has formed several Doji and Harami reversal patterns there.
03.04.2018

Japanese Candlesticks Analysis 03.04.2018 (USDCAD, AUDUSD)

As we can see in the H4 chart, after failing to break the support level once again, USDCAD has been slightly corrected with several Shooting Star reversal patterns.
02.04.2018

Japanese Candlesticks Analysis 02.04.2018 (GOLD, NZDUSD)

As we can see in the H4 chart, after rebounding from the resistance level, XAUUSD has been corrected and formed Harami reversal pattern.
30.03.2018

Japanese Candlesticks Analysis 30.03.2018 (EURUSD, USDJPY)

After returning to the support level in the H4 chart, EURUSD has formed several Doji and Harami reversal patterns there.
29.03.2018

Japanese Candlesticks Analysis 29.03.2018 (USDCAD, AUDUSD)

As we can see in the H4 chart, after rebounding from the support level, USDCAD has formed several Doji and Harami reversal patterns.