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.
08.10.2021
Japanese Candlesticks Analysis 08.10.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is forming another correctional wave; USDJPY is still rebounding from the support area, while EURGBP continues trading downwards.
07.10.2021
Japanese Candlesticks Analysis 07.10.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing the support level; AUDUSD is about to resume falling, while USDCHF is still correcting within the uptrend.
06.10.2021
Japanese Candlesticks Analysis 06.10.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD is forming an impulse to the downside; NZDUSD continues trading downwards, while GBPUSD is testing the resistance area.
05.10.2021
Japanese Candlesticks Analysis 05.10.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is forming another descending wave; USDJPY is testing the support area, while EURGBP continues the correctional impulse.
04.10.2021
Japanese Candlesticks Analysis 04.10.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is forming the ascending impulse; AUDUSD is testing the resistance level, while USDCHF is forming one more wave to the upside.
01.10.2021
Japanese Candlesticks Analysis 01.10.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD is testing the resistance level; NZDUSD continues the correctional impulse, while GBPUSD is forming a correctional wave within the downtrend.
30.09.2021
Japanese Candlesticks Analysis 30.09.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is forming another correctional wave; USDJPY is still testing the resistance area, while EURGBP continues the correction.
17.09.2021
Japanese Candlesticks Analysis 17.09.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is forming the descending impulse; AUDUSD is testing another support level, while USDCHF is forming one more correctional wave.