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.
09.12.2020
Japanese Candlesticks Analysis 09.12.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD keeps developing a downtrend; AUDUSD completed a correction inside an ascending channel, USDCHF is testing another support level.
08.12.2020
Japanese Candlesticks Analysis 08.12.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is forming an uptrend; NZDUSD keeps correcting its growth, GBPUSD keeps developing an uptrend after a pullback.
07.12.2020
Japanese Candlesticks Analysis 07.12.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is forming a pullback inside ascending dynamics; USDJPY keeps correcting to the upper border of the channel, EURGBP resumes ascending dynamics.
04.12.2020
Japanese Candlesticks Analysis 04.12.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD keeps developing descending dynamics; AUDUSD is forming a correction inside an ascending channel, USDCHF is testing another support level.
03.12.2020
Japanese Candlesticks Analysis 03.12.2020 (GOLD, NZDUSD, GBPUSD)
GOLD keeps correcting in a downtrend; NZDUSD getting ready to renew the highs, GBPUSD is done pulling back and keeps developing the ascending dynamics.
02.12.2020
Japanese Candlesticks Analysis 02.12.2020 (EURUSD, USDJPY, EURGBP)
EURUSD keeps developing ascending dynamics; USDJPY is testing the upper border of the descending channel, EURGBP keeps correcting in a decline.
01.12.2020
Japanese Candlesticks Analysis 01.12.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD keeps developing descending dynamics; AUDUSD is testing the lower border of the ascending channel, USDCHF is forming another decline inside the descending channel.
30.11.2020
Japanese Candlesticks Analysis 30.11.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is testing another support level; NZDUSD is forming another correction upon renewing the highs, GBPUSD keeps developing ascending dynamics.