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.
06.03.2018
Japanese Candlesticks Analysis 06.03.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, after finishing the correction, EURUSD has reached the support level and formed several reversal patterns, including Harami.
05.03.2018
Japanese Candlesticks Analysis 05.03.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, after updating its closest high once again and forming several Doji and Hanging Man reversal patterns, USDCAD is still moving upwards.
02.03.2018
Japanese Candlesticks Analysis 02.03.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, after reaching the support level, XAUUSD has formed several Hammer and Inverted Hammer reversal patterns.
01.03.2018
Japanese Candlesticks Analysis 01.03.2018 (EURUSD, USDJPY)
As we can see in the H4 chart, after updating its closest low, EURUSD has formed several Hammer and Doji reversal patterns.
28.02.2018
Japanese Candlesticks Analysis 28.02.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, after updating its closest high and forming Doji pattern, USDCAD is still moving upwards.
27.02.2018
Japanese Candlesticks Analysis 27.02.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD is trading upwards.
26.02.2018
Japanese Candlesticks Analysis 26.02.2018 (EURUSD, USDJPY)
In the H4 chart, EURUSD slowed down near the support level and formed several Hammer and Inverted Hammer reversal patterns.
23.02.2018
Japanese Candlesticks Analysis 23.02.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, USDCAD is constantly forming Hanging Man, Doji, and Harami reversal patterns.