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.
25.05.2021
Japanese Candlesticks Analysis 25.05.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD is still forming one more rising impulse; NZDUSD is trading upwards, while GBPUSD is rebounding from the support level.
24.05.2021
Japanese Candlesticks Analysis 24.05.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is testing the support level; USDJPY is falling towards the channel’s downside border again, while EURGBP is forming another ascending impulse.
21.05.2021
Japanese Candlesticks Analysis 21.05.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is correcting from the support area; AUDUSD continues testing the channel’s downside border, while USDCHF is forming another descending impulse.
20.05.2021
Japanese Candlesticks Analysis 20.05.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD is forming one more rising impulse; NZDUSD is testing the channel’s downside border, while GBPUSD is trading within the uptrend.
19.05.2021
Japanese Candlesticks Analysis 19.05.2021 (EURUSD, USDJPY, EURGBP)
EURUSD continues moving upwards; USDJPY is falling towards the channel’s downside border, while EURGBP is forming another ascending impulse.
18.05.2021
Japanese Candlesticks Analysis 18.05.2021 (USDCAD, AUDUSD, USDCHF)
USDCAD is correcting from the support area; AUDUSD continues moving upwards after rebounding from the channel’s downside border, while USDCHF is forming another descending impulse.
17.05.2021
Japanese Candlesticks Analysis 17.05.2021 (XAUUSD, NZDUSD, GBPUSD)
GOLD is still forming one more rising impulse; NZDUSD is correcting, while GBPUSD is trading within the uptrend.
14.05.2021
Japanese Candlesticks Analysis 14.05.2021 (EURUSD, USDJPY, EURGBP)
EURUSD is testing the support area; USDJPY continues moving sideways within the uptrend, while EURGBP is forming an ascending impulse.