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.
23.07.2020
Japanese Candlesticks Analysis 23.07.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is still moving within the rising tendency; after completing the correction, NZDUSD continues the uptrend, while GBPUSD is still testing the resistance area.
22.07.2020
Japanese Candlesticks Analysis 22.07.2020 (EURUSD, USDJPY, EURGBP)
EURUSD has broken the channel’s upside border; USDJPY is testing the support level once again, while EURGBP is still trading within the uptrend.
21.07.2020
Japanese Candlesticks Analysis 21.07.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing the support level again; AUDUSD continues the rising tendency, while USDCHF is rebounding from the support area.
20.07.2020
Japanese Candlesticks Analysis 20.07.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is still moving sideways within the rising tendency; NZDUSD continues the uptrend, while GBPUSD is trading not far from the ascending channel’s downside border.
17.07.2020
Japanese Candlesticks Analysis 17.07.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is correcting within the ascending tendency again; USDJPY is still rebounding from the support level, while EURGBP is forming a pullback within the uptrend.
16.07.2020
Japanese Candlesticks Analysis 16.07.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is forming anther correction from the support level; AUDUSD continues the correction within the rising channel, while USDCHF is correcting towards the channel’s upside border.
15.07.2020
Japanese Candlesticks Analysis 15.07.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is still correcting within the rising tendency; NZDUSD continues the uptrend, while GBPUSD if forming the ascending channel.
14.07.2020
Japanese Candlesticks Analysis 14.07.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is correcting within the ascending tendency; USDJPY is still rebounding from the support level, while EURGBP is forming a pullback within the uptrend.