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.
28.10.2020
Japanese Candlesticks Analysis 28.10.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is still testing the channel’s upside border; AUDUSD continues moving to reach the channel’s upside border, while USDCHF is still rebounding from the support level.
27.10.2020
Japanese Candlesticks Analysis 27.10.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is rebounding from the rising channel’s downside border again; NZDUSD is testing the channel’s upside border, while GBPUSD continues moving within the uptrend.
26.10.2020
Japanese Candlesticks Analysis 26.10.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is still rebounding from the resistance level; USDJPY continues growing towards the resistance area, while EURGBP is finishing the correction within the downtrend.
23.10.2020
Japanese Candlesticks Analysis 23.10.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is still correcting within the downtrend; AUDUSD continues moving to reach the channel’s upside border, while USDCHF is still rebounding from the support level.
22.10.2020
Japanese Candlesticks Analysis 22.10.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is testing the rising channel’s downside border again; NZDUSD is testing the channel’s upside border, while GBPUSD continues moving within the uptrend.
21.10.2020
Japanese Candlesticks Analysis 21.10.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is still rebounding from the support level; USDJPY continues falling towards the support area, while EURGBP is testing the resistance area.
20.10.2020
Japanese Candlesticks Analysis 20.10.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is still trading downwards; AUDUSD continues moving to reach the channel’s downside border, while USDCHF is still testing the support level.
19.10.2020
Japanese Candlesticks Analysis 19.10.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is testing the rising channel’s downside border again; NZDUSD continues the correction, while GBPUSD is still moving within the uptrend.