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.
11.12.2020
Japanese Candlesticks Analysis 11.12.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is almost done correcting in an uptrend; NZDUSD keeps developing the ascending dynamics, GBPUSD keeps unwinding the upwards dynamics.
10.12.2020
Japanese Candlesticks Analysis 10.12.2020 (EURUSD, USDJPY, EURBGP)
EURUSD completes a pullback in the ascending dynamics; USDJPY is testing the upper border of the channel, EURGBP keeps developing ascending dynamics.
09.12.2020
Japanese Candlesticks Analysis 09.12.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD keeps developing a downtrend; AUDUSD completed a correction inside an ascending channel, USDCHF is testing another support level.
08.12.2020
Japanese Candlesticks Analysis 08.12.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is forming an uptrend; NZDUSD keeps correcting its growth, GBPUSD keeps developing an uptrend after a pullback.
07.12.2020
Japanese Candlesticks Analysis 07.12.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is forming a pullback inside ascending dynamics; USDJPY keeps correcting to the upper border of the channel, EURGBP resumes ascending dynamics.
04.12.2020
Japanese Candlesticks Analysis 04.12.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD keeps developing descending dynamics; AUDUSD is forming a correction inside an ascending channel, USDCHF is testing another support level.
03.12.2020
Japanese Candlesticks Analysis 03.12.2020 (GOLD, NZDUSD, GBPUSD)
GOLD keeps correcting in a downtrend; NZDUSD getting ready to renew the highs, GBPUSD is done pulling back and keeps developing the ascending dynamics.
02.12.2020
Japanese Candlesticks Analysis 02.12.2020 (EURUSD, USDJPY, EURGBP)
EURUSD keeps developing ascending dynamics; USDJPY is testing the upper border of the descending channel, EURGBP keeps correcting in a decline.