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.
13.08.2021
Japanese Candlestick Analysis for 13.08.2021 (GOLD, NZDUSD, GBPUSD)
GOLD is bouncing off the support level; NZDUSD is testing the lower border of the ascending channel, GBPUSD is completing a correctional wave.
12.08.2021
Japanese Candlestick Analysis for 12.08.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is forming a pullback from the support level; USDJPY is completing a correctional impulse, EURGBP is breaking through the lower border of the channel and continues a flat.
11.08.2021
Japanese Candlestick Analysis for 11.08.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing the support line; AUDUSD is forming a wave of decline, USDCHF is testing the resistance level.
10.08.2021
Japanese Candlestick Analysis for 10.08.2021(XAUUSD, NZDUSD, GBPUSD)
GOLD is testing the support level; NZDUSD is testing the lower border of the channel, GBPUSD is completing a correctional wave.
09.08.2021
Japanese Candlestick Analysis for 09.08.2021
EURUSD is testing the support level; USDJPY has broken through the upper border of the channel; EURGBP keeps declining, breaking through the lower border of the channel.
06.08.2021
Japanese Candlestick Analysis for 06.08.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD continues a correctional wave; AUDUSD is forming a wave of growth, USDCHF is testing the support level.
05.08.2021
Japanese Candlestick Analysis 05.08.2021 (GOLD, NZDUSD, GBPUSD)
GOLD is declining to the lower border of the channel; NZDUSD is testing the resistance level, GBPUSD moves in a flat.
04.08.2021
Japanese Candlestick Analysis 04.08.2021 (EURUSD, USDJPY, EURGBP)
EURUSD keeps bouncing off the resistance level; USDJPY is testing the support level, EURGBP keeps declining inside the channel.