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.
22.03.2019
Japanese Candlestick Analysis for GOLD and NZDUSD: 22/03/2019
On H4, the gold is rising, making pullbacks every now and again.
21.03.2019
Japanese Candlestick Analysis for EURUSD and USDJPY: 21/03/2019
On H4, the pair rose and hit another resistance, where it is forming reversal patterns.
20.03.2019
Japanese Candlestick Analysis for USDCAD and AUDUSD: 20/03/2019
On H4, the pair is still trading near the support and forming reversal patterns.
19.03.2019
Japanese Candlestick Analysis for GOLD and NZDUSD: 19/3/2019
On H4, the gold is rising, making pullbacks every now and again.
18.03.2019
Japanese Candlestick Analysis for EURUSD and USDJPY: 18/3/2019
On H4, the pair has reached yet another resistance where it is forming reversal patterns.
15.03.2019
Japanese Candlesticks Analysis 15.03.2019 (USDCAD, AUDUSD)
As we can see in the H4 chart, USDCAD is testing the support level and forming Hammer, Doji, and Inverted Hammer reversal patterns.
14.03.2019
Japanese Candlesticks Analysis 14.03.2019 (GOLD, NZDUSD)
As we can see in the H4 chart, XAUUSD continues growing with slight pullback from time to time.
13.03.2019
Japanese Candlesticks Analysis 13.03.2019 (EURUSD, USDJPY)
As we can see in the H4 chart, after reaching the support level, EURUSD started a new pullback with Engulfing, Hammer, and Doji reversal patterns.