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.
11.01.2021
Japanese Candlesticks Analysis 11.01.2021 (GOLD, NZDUSD, GBPUSD)
GOLD continues falling; NZDUSD is rebounding from the support area again, while GBPUSD is still correcting from the resistance level.
06.01.2021
Japanese Candlesticks Analysis 06.01.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is still moving upwards; USDJPY is correcting towards the channel’s upside border, while EURGBP is rebounding from the support area.
30.12.2020
Japanese Candlesticks Analysis 30.12.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues falling; AUDUSD is correcting within the uptrend, while USDCHF continues trading downwards.
29.12.2020
Japanese Candlesticks Analysis 29.12.2020 (GOLD, NZDUSD, GBPUSD)
GOLD continues growing within the rising channel; NZDUSD is forming another impulse to the upside, while GBPUSD is still correcting from the resistance level.
28.12.2020
Japanese Candlesticks Analysis 28.12.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is still forming another ascending impulse; USDJPY is finishing the correction towards the channel’s upside border, while EURGBP is testing another support area.
25.12.2020
Japanese Candlesticks Analysis 25.12.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues falling within the descending channel; AUDUSD is testing the horizontal resistance level, while USDCHF is forming a correctional wave.
23.12.2020
Japanese Candlesticks Analysis 23.12.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is forming another ascending impulse; USDJPY continues growing towards the channel’s upside border, while EURGBP is still correcting within the uptrend.
22.12.2020
Japanese Candlesticks Analysis 22.12.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues the correction within the downtrend; AUDUSD is still moving upwards, while USDCHF continues falling.