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.
18.05.2020
Japanese Candlesticks Analysis 18.05.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is still growing; NZDUSD is correcting from the support level, while GBPUSD is testing another support area.
15.05.2020
Japanese Candlesticks Analysis 15.05.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is testing the support level once again; USDJPY is rebounding from the support level, while EURGBP is testing another resistance level.
14.05.2020
Japanese Candlesticks Analysis 14.05.2020 (USDCAD, AUDUSD, USDCHF)
Both USDCAD and USDCHF continue growing towards their respective resistance levels, while AUDUSD has broken the support level.
13.05.2020
Japanese Candlesticks Analysis 13.05.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is still growing towards the resistance level; NZDUSD is rebounding from the support level, while GBPUSD is falling towards the support area.
12.05.2020
Japanese Candlesticks Analysis 12.05.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is testing the support level once again; USDJPY is correcting after finishing a significant growth, while EURGBP is testing the resistance level.
11.05.2020
Japanese Candlesticks Analysis 11.05.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues reversing; AUDUSD has almost rebounded from the support level, while USDCHF is falling towards the support area.
08.05.2020
Japanese Candlesticks Analysis 08.05.2020 (GOLD, NZDUSD, GBPUSD)
GOLD and NZDUSD are still growing towards their respective resistance levels, while GBPUSD is rebounding from the channel’s downside border.
07.05.2020
Japanese Candlesticks Analysis 07.05.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is testing the support level; USDJPY is correcting before further decline, while EURGBP has rebounded from the support level again.