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.
20.08.2020
Japanese Candlesticks Analysis 20.08.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues correcting within the descending tendency; AUDUSD is about to complete its pullback within the uptrend, while USDCHF is once again testing the resistance area.
19.08.2020
Japanese Candlesticks Analysis 19.08.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is correcting within the rising tendency; NZDUSD continues growing towards the channel’s upside border, while GBPUSD is correcting after finishing a quick ascending wave.
18.08.2020
Japanese Candlesticks Analysis 18.08.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is once again testing the resistance area; USDJPY is falling towards the support level, while EURGBP is rebounding from the resistance level.
17.08.2020
Japanese Candlesticks Analysis 17.08.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues the descending tendency; AUDUSD is correcting within the uptrend, while USDCHF is once again testing the support area.
31.07.2020
Japanese Candlesticks Analysis 31.07.2020 (GOLD, NZDUSD, GBPUSD)
GOLD continues moving within the rising tendency; NZDUSD is updating its highs, while GBPUSD is correcting after finishing a quick ascending wave.
30.07.2020
Japanese Candlesticks Analysis 30.07.2020 (EURUSD, USDJPY, EURGBP)
EURUSD continues trading upwards; USDJPY is correcting from the support level, while EURGBP continues growing from the support area.
29.07.2020
Japanese Candlesticks Analysis 29.07.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues testing the descending channel’s downside border; AUDUSD is once again testing the resistance area, while USDCHF is correcting from the support level.
28.07.2020
Japanese Candlesticks Analysis 28.07.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is correcting within the rising tendency; NZDUSD is testing another resistance level, while GBPUSD is rebounding from the resistance area.