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.

31.01.2018

Japanese Candlesticks Analysis 31.01.2018 (EUR/USD, USD/JPY)

EUR/USD pair has finished a significant correction and formed several Hammer reversal patterns.