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.
09.11.2020
Japanese Candlesticks Analysis 09.11.2020 (GOLD, NZDUSD, GBPUSD)
GOLD continues the uptrend; NZDUSD is correcting within the rising tendency, while GBPUSD continues moving towards the channel’s upside border.
06.11.2020
Japanese Candlesticks Analysis 06.11.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is still rebounding from the support level; USDJPY is testing another support area, while EURGBP is forming another correction within the downtrend.
05.11.2020
Japanese Candlesticks Analysis 05.11.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing the horizontal support level; AUDUSD has broken the descending channel’s upside border, while USDCHF is correcting from the support level.
04.11.2020
Japanese Candlesticks Analysis 04.11.2020 (GOLD, NZDUSD, GBPUSD)
GOLD continues the correction within the uptrend; NZDUSD is correcting to reach the channel’s downside border, while GBPUSD continues moving upwards.
03.11.2020
Japanese Candlesticks Analysis 03.11.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is rebounding from the support level; USDJPY is still growing from the support area, while EURGBP is correcting within the downtrend.
02.11.2020
Japanese Candlesticks Analysis 02.11.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing the channel’s upside border; AUDUSD continues moving to reach the descending channel’s downside border, while USDCHF is rebounding from the resistance level.
30.10.2020
Japanese Candlesticks Analysis 30.10.2020 (GOLD, NZDUSD, GBPUSD)
GOLD continues falling towards the support area; NZDUSD is correcting to reach the channel’s downside border, while GBPUSD continues the correction after breaking the channel’s downside border.
29.10.2020
Japanese Candlesticks Analysis 29.10.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is still testing the support level; USDJPY is rebounding from the support area, while EURGBP continues moving within the downtrend.