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.
01.11.2021
Japanese Candlesticks Analysis 01.11.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD continues forming the rising impulse; NZDUSD is growing from the support area, while GBPUSD is testing the channel’s downside border
29.10.2021
Japanese Candlesticks Analysis 29.10.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is forming the correctional impulse; USDJPY is testing the support area, while EURGBP is testing the channel’s upside border.
28.10.2021
Japanese Candlesticks Analysis 28.10.2021 (USDCAD, AUDUSD, USDCHF)
Both USDCAD and USDCHF are forming their respective correctional impulses, while AUDUSD is testing the resistance level.
27.10.2021
Japanese Candlesticks Analysis 27.10.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD continues forming the correctional impulse; NZDUSD is correcting from the resistance level, while GBPUSD is testing the support area.
26.10.2021
Japanese Candlesticks Analysis 26.10.2021 (EURUSD, USDJPY, EURGBP)
EURUSD continues forming the descending impulse; USDJPY is rebounding from the support area, while EURGBP is testing the support level.
25.10.2021
Japanese Candlesticks Analysis 25.10.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD continues testing the support level; AUDUSD is rebounding from the channel’s upside border, while USDCHF is rebounding from the support area.
22.10.2021
Japanese Candlesticks Analysis 22.10.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD continues trading upwards; NZDUSD is testing the resistance level, while GBPUSD is correcting within the uptrend.
21.10.2021
Japanese Candlesticks Analysis 21.10.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is testing the channel’s upside border; USDJPY is rebounding from the resistance area, while EURGBP is testing the support level.