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.
25.08.2021
Japanese Candlesticks Analysis 25.08.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is testing the resistance level; USDJPY is trading sideways, while EURGBP continues rebounding from the descending channel’s upside border.
24.08.2021
Japanese Candlesticks Analysis 24.08.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD continues forming the descending impulse; AUDUSD is rebounding from the support area, while USDCHF is testing the channel’s downside border.
23.08.2021
Japanese Candlesticks Analysis 23.08.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD is still trading sideways; NZDUSD is testing the support area, while GBPUSD is rebounding from the support level.
20.08.2021
Japanese Candlesticks Analysis 20.08.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is testing the support level; USDJPY is rebounding from the resistance area, while EURGBP continues trading towards the descending channel’s upside border.
19.08.2021
Japanese Candlesticks Analysis 19.08.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is forming another rising impulse; AUDUSD continues moving within the downtrend, while USDCHF is forming one more wave to the upside.
18.08.2021
Japanese Candlesticks Analysis 18.08.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD is correcting; NZDUSD is testing the support area, while GBPUSD is finishing the correctional wave.
17.08.2021
Japanese Candlesticks Analysis 17.08.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is rebounding from the support area; USDJPY is testing the support level, while EURGBP is back inside the descending channel.
16.08.2021
Japanese Candlesticks Analysis 16.08.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing the support level; AUDUSD continues moving within the downtrend, while USDCHF is rebounding from the support area.