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.
13.07.2020
Japanese Candlesticks Analysis 13.07.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is rebounding from the resistance level again; AUDUSD continues growing within the rising channel, while USDCHF is returning to the support level.
10.07.2020
Japanese Candlesticks Analysis 10.07.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is forming another correction within the rising tendency; NZDUSD is correcting again, while GBPUSD has broken the descending channel’s upside border.
09.07.2020
Japanese Candlesticks Analysis 09.07.2020 (EURUSD, USDJPY, EURGBP)
EURUSD continues the ascending tendency; USDJPY is still rebounding from the resistance level, while EURGBP is about to complete the correction within the uptrend.
08.07.2020
Japanese Candlesticks Analysis 08.07.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is finishing another correction; AUDUSD continues growing within the rising channel, while USDCHF is rebounding from the support level again.
07.07.2020
Japanese Candlesticks Analysis 07.07.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is forming another correction within the rising tendency; NZDUSD is still trading upwards, while GBPUSD is rebounding from the resistance area.
06.07.2020
Japanese Candlesticks Analysis 06.07.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is testing the descending channel’s upside border; USDJPY is rebounding from the support level, while EURGBP continues moving within the uptrend.
03.07.2020
Japanese Candlesticks Analysis 03.07.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is still correcting from the resistance area; AUDUSD continues testing the channel’s downside border, while USDCHF is rebounding from the support level again.
02.07.2020
Japanese Candlesticks Analysis 02.07.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is correcting within the rising tendency; NZDUSD is still trading sideways, while GBPUSD is rebounding from the resistance area.