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.
06.05.2020
Japanese Candlesticks Analysis 06.05.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues reversing; AUDUSD is rebounding from the support level, while USDCHF continues growing towards the resistance area.
05.05.2020
Japanese Candlesticks Analysis 05.05.2020 (GOLD, NZDUSD, GBPUSD)
GOLD bounced off the support level once again; NZDUSD is working off the signal of a reversal pattern, GBPUSD keeps developing ascending dynamics.
04.05.2020
Japanese Candlestick Analysis 04.05.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is working off the signal of the reversal pattern; USDJPY is developing a flat, EURGBP has bounced off the support line again.
01.05.2020
Japanese Candlesticks Analysis 01.05.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues rebounding from the support level; AUDUSD is finishing the correction, while USDCHF continues falling towards the support area.
30.04.2020
Japanese Candlesticks Analysis 30.04.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is correcting from the support level; NZDUSD continues growing towards the resistance level, while GBPUSD is still rebounding from the rising channel’s downside border.
29.04.2020
Japanese Candlesticks Analysis 29.04.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is back to the channel’s downside border; USDJPY is falling after breaking the support level, while EURGBP is testing the support level again.
28.04.2020
Japanese Candlesticks Analysis 28.04.2020 (USDCAD, AUDUSD, USDCHF)
After finishing the correction, USDCAD continues forming the ascending tendency; AUDUSD is testing the resistance level, while USDCHF is still forming a rising tendency along the ascending channel’s downside border.
27.04.2020
Japanese Candlesticks Analysis 27.04.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is correcting towards support level; NZDUSD continues reversing, while GBPUSD is rebounding from the rising channel’s downside border.