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Japanese Candlesticks Analysis

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.

12.07.2021

Japanese Candlesticks Analysis 12.07.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD continues trading sideways; NZDUSD is forming a descending impulse, while GBPUSD is testing the resistance area.

09.07.2021

Japanese Candlesticks Analysis 09.07.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is still rebounding from the channel’s upside border; USDJPY is testing the support area, while EURGBP continues trading within the descending tendency.

08.07.2021

Japanese Candlesticks Analysis 08.07.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD continues moving upwards; AUDUSD is testing the support level, while USDCHF continues trading within the uptrend.

07.07.2021

Japanese Candlesticks Analysis 07.07.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD continues rebounding from the support level; NZDUSD is testing the support area, while GBPUSD is correcting within the downtrend.

06.07.2021

Japanese Candlesticks Analysis 06.07.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is still rebounding from the support area; USDJPY is forming another descending impulse, while EURGBP continues trading within the descending tendency.

05.07.2021