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.
27.07.2020
Japanese Candlesticks Analysis 27.07.2020 (EURUSD, USDJPY, EURGBP)
EURUSD continues trading upwards; USDJPY is testing another support level, while EURGBP continues testing the resistance area.
24.07.2020
Japanese Candlesticks Analysis 24.07.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is once again testing the descending channel’s downside border; AUDUSD is correcting within the rising tendency, while USDCHF continues trading downwards.
23.07.2020
Japanese Candlesticks Analysis 23.07.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is still moving within the rising tendency; after completing the correction, NZDUSD continues the uptrend, while GBPUSD is still testing the resistance area.
22.07.2020
Japanese Candlesticks Analysis 22.07.2020 (EURUSD, USDJPY, EURGBP)
EURUSD has broken the channel’s upside border; USDJPY is testing the support level once again, while EURGBP is still trading within the uptrend.
21.07.2020
Japanese Candlesticks Analysis 21.07.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing the support level again; AUDUSD continues the rising tendency, while USDCHF is rebounding from the support area.
20.07.2020
Japanese Candlesticks Analysis 20.07.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is still moving sideways within the rising tendency; NZDUSD continues the uptrend, while GBPUSD is trading not far from the ascending channel’s downside border.
17.07.2020
Japanese Candlesticks Analysis 17.07.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is correcting within the ascending tendency again; USDJPY is still rebounding from the support level, while EURGBP is forming a pullback within the uptrend.
19.03.2020
Japanese Candlesticks Analysis 19.03.2020 (GOLD, NZDUSD, GBPUSD)
GOLD continues testing the horizontal support level; NZDUSD is forming reversal patterns not far from the support level, while GBPUSD is testing another support level.