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.
19.06.2020
Japanese Candlesticks Analysis 19.06.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is still trading sideways; NZDUSD is rebounding from the support level, while GBPUSD is testing another support area.
18.06.2020
Japanese Candlesticks Analysis 18.06.2020 (EURUSD, USDJPY, EURGBP)
EURUSD has broken the channel’s downside border; USDJPY is testing the support area again, while EURGBP continues trading upwards.
17.06.2020
Japanese Candlesticks Analysis 17.06.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues trading downwards; after finishing the correction, AUDUSD is still trading within the rising tendency, while USDCHF is about to complete one more correction.
16.06.2020
Japanese Candlesticks Analysis 16.06.2020 (GOLD, NZDUSD, GBPUSD)
GOLD has rebounded from the support level; NZDUSD continues the uptrend, while GBPUSD is correcting within the rising tendency.
15.06.2020
Japanese Candlesticks Analysis 15.06.2020 (EURUSD, USDJPY, EURGBP)
EURUSD continues testing the channel’s downside border; USDJPY is falling towards the support area again, while EURGBP is still rebounding from the support level
12.06.2020
Japanese Candlesticks Analysis 12.06.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues trading downwards; AUDUSD is finishing one more correction within the rising tendency, while USDCHF is testing another support level.
11.06.2020
Japanese Candlesticks Analysis 11.06.2020 (GOLD, NZDUSD, GBPUSD)
GOLD has tested the resistance level; NZDUSD is correcting within the uptrend, while GBPUSD is forming a pullback from the rising channel’s border.
10.06.2020
Japanese Candlesticks Analysis 10.06.2020 (EURUSD, USDJPY, EURGBP)
EURUSD continues testing the resistance level; USDJPY is falling towards the support area, while EURGBP is still trading within the rising tendency.