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.
12.02.2018
Japanese Candlesticks Analysis 12.02.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, USDCAD has completed another correction with several Hanging Man and Shooting Star reversal patterns at the top.
09.02.2018
Japanese Candlesticks Analysis 09.02.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD has completed the correction with several Shooting Star and Hanging Man patterns at the top.
08.02.2018
Japanese Candlesticks Analysis 08.02.2018 (EURUSD, USDJPY)
In the H4 chart, EURUSD moved downwards and then formed several Hammer and Engulfing reversal patterns.
07.02.2018
Japanese Candlesticks Analysis 07.02.2018 (USDCAD, AUDUSD)
As we can see in the H4 chart, USDCAD has completed another correction with several Hanging Man, Shooting Star, and Engulfing reversal patterns at the top.
06.02.2018
Japanese Candlesticks Analysis 06.02.2018 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD has completed the correction with Hanging Man pattern at the top of it.
05.02.2018
Japanese Candlesticks Analysis 05.02.2018 (EURUSD, USDJPY)
After finishing a significant correction, EURUSD continues forming a lot of Hammer and Inverted Hammers patterns and updating the lows.
02.02.2018
Japanese Candlesticks Analysis 02.02.2018 (USD/CAD, AUD/USD)
In the H4 chart, USD/CAD continues falling.
01.02.2018
Japanese Candlesticks Analysis 01.02.2018 (GOLD, NZD/USD)
As we can see in the H4 chart, XAU/USD has finished several Hammer and Inverted Hammer reversal patterns while forming the correction.