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.
06.03.2020
Japanese Candlesticks Analysis 06.03.2020 (GOLD, NZDUSD, GBPUSD)
GOLD continues the rising tendency; NZDUSD is testing the channel’s upside border and forming reversal patterns, while GBPUSD is testing the descending channel’s upside border.
05.03.2020
Japanese Candlesticks Analysis 05.03.2020 (EURUSD, USDJPY, EURGBP)
EURUSD continues the rising tendency; USDJPY is still testing the support level, while EURGBP continues the correction from the resistance level.
04.03.2020
Japanese Candlesticks Analysis 04.03.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues reversing; AUDUSD is testing the channel’s upside border, while USDCHF is rebounding from the support level.
03.03.2020
Japanese Candlesticks Analysis 03.03.2020 (GOLD, NZDUSD, GBPUSD)
GOLD resumes the rising tendency; NZDUSD is correcting from the support level, while GBPUSD continues the descending tendency.
02.03.2020
Japanese Candlesticks Analysis 02.03.2020 (EURUSD, USDJPY, EURGBP)
EURUSD continues growing influenced by the news; USDJPY is no longer moving inside the ascending channel, while EURGBP is testing another resistance level.
28.02.2020
Japanese Candlesticks Analysis 28.02.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD continues growing without any significant pullbacks; AUDUSD is still trading downwards, while USDCHF continues falling towards the support level.
27.02.2020
Japanese Candlesticks Analysis 27.02.2020 (GOLD, NZDUSD, GBPUSD)
GOLD is correcting within the rising tendency; NZDUSD is correcting from the horizontal support level, while GBPUSD continues trading close to the support level.
26.02.2020
Japanese Candlesticks Analysis 26.02.2020 (EURUSD, USDJPY, EURGBP)
EURUSD is still reversing; USDJPY has completed the correction within the ascending tendency, while EURGBP is rebounding from the resistance level again.