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.
28.05.2020
Japanese Candlesticks Analysis 28.05.2020 (EURUSD, USDJPY, EURGBP)
EURUSD continues trading within the rising tendency; USDJPY is testing the resistance level again, while EURGBP is correcting not far from the resistance area.
27.05.2020
Japanese Candlesticks Analysis 27.05.2020 (USDCAD, AUDUSD, USDCHF)
Both USDCAD and USDCHF are rebounding from their respective support levels, while AUDUSD is testing another resistance area.
26.05.2020
Japanese Candlesticks Analysis 26.05.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is still moving within the uptrend; NZDUSD is rebounding from the support level, while GBPUSD continues growing after completing the pullback.
25.05.2020
Japanese Candlesticks Analysis 25.05.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is correcting within the rising tendency; USDJPY continues trading upwards, while EURGBP is reversing.
22.05.2020
Japanese Candlesticks Analysis 22.05.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues forming the rising impulse; AUDUSD is rebounding from the resistance area, while USDCHF is still growing from the support level.
21.05.2020
Japanese Candlesticks Analysis 21.05.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is still correcting within the uptrend; NZDUSD is correcting from the resistance level, while GBPUSD is falling after completing the pullback.
20.05.2020
Japanese Candlesticks Analysis 20.05.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is testing the resistance level again; USDJPY continues trading upwards, while EURGBP has completed a pullback from the resistance level.
19.05.2020
Japanese Candlesticks Analysis 19.05.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues falling towards the support level; AUDUSD is testing the resistance area, while USDCHF is still moving sideways.