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.
25.02.2020
Japanese Candlesticks Analysis 25.02.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD is still reversing; AUDUSD continues the pullback within the downtrend, while USDCHF is rebounding from the support level.
24.02.2020
Japanese Candlesticks Analysis 24.02.2020 (GOLD, NZDUSD, GBPUSD)
GOLD has broken the rising channel’s upside border; NZDUSD is still testing the horizontal resistance level, while GBPUSD continues trading close to the support level.
21.02.2020
Japanese Candlesticks Analysis 21.02.2020 (EURUSD, USDJPY, EURGBP)
EURUSD continues testing the channel’s downside border; USDJPY has completed a solid growth within the ascending tendency, while EURGBP is rebounding from the resistance level.
20.02.2020
Japanese Candlesticks Analysis 20.02.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD has started executing the signal from the reversal pattern. AUDUSD keeps developing its descending dynamics. USDCHF keeps testing the support line.
19.02.2020
Japanese Candlesticks Analysis 19.02.2020 (GOLD, NZDUSD, GBPUSD)
GOLD keeps developing ascending dynamics. NZDUSD is testing the horizontal support level again. GBPUSD keeps trading at the support level.
18.02.2020
Japanese Candlesticks Analysis 18.02.2020 (EURUSD, USDJPY)
EURUSD has broken the descending channel’s downside border; USDJPY is forming another correction within the ascending tendency, while EURGBP is rebounding from the support level.
17.02.2020
Japanese Candlesticks Analysis 17.02.2020 (USDCAD, AUDUSD, USD/CHF)
USDCAD is still reversing; AUDUSD continues the correction within the downtrend, while USDCHF is testing the resistance level.
14.02.2020
Japanese Candlesticks Analysis 14.02.2020 (GOLD, NZDUSD)
GOLD continues forming the rising channel, while NZDUSD is testing the resistance level of the descending channel.