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.
03.04.2019
Japanese Candlesticks Analysis 03.04.2019 (EURUSD, USDJPY)
As we can see in the H4 chart, EURUSD is still testing the support level and forming Harami, Hammer, and Inverted Hammer reversal patterns.
02.04.2019
Japanese Candlesticks Analysis 02.04.2019 (USDCAD, AUDUSD)
As we can see in the H4 chart, USDCAD is testing the support level and forming Hammer and Engulfing reversal patterns.
01.04.2019
Japanese Candlesticks Analysis 01.04.2019 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD has reached the support level and formed several Hammer, Inverted Hammer, and Doji reversal patterns.
29.03.2019
Japanese Candlestick Analysis for EURUSD and USDJPY: 29/03/2019
On H4, the pair is still testing the support and forming such reversal patterns.
28.03.2019
Japanese Candlestick Analysis for USDCAD and AUDUSD: 28/03/2019
On H4, the pair is again testing the resistance and is forming reversal patterns.
27.03.2019
Japanese Candlestick Analysis for GOLD and NZDUSD: 27/03/2019
On H4, the gold is rising, making pullbacks every now and again.
26.03.2019
Japanese Candlestick Analysis for EURUSD and USDJPY: 26/03/2019
On H4, the pair is testing the support and forming reversal patterns, such as hammer and doji, after correction.
25.03.2019
Japanese Candlestick Analysis for USDCAD and AUDUSD: 25/03/2019
On H4, the pair is again testing the resistance and is forming reversal patterns.