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.
EURUSD is forming another correction; USDJPY is testing the channel’s upside border, while EURGBP continues trading sideways.
USDCAD is testing the channel’s upside border; AUDUSD is correcting within the uptrend, while USDCHF continues trading upwards.
GOLD is testing another support area; NZDUSD is rebounding from the channel’s downside border, while GBPUSD continues the correction.
EURUSD is testing the channel’s downside border; USDJPY is rebounding from the resistance level, while EURGBP continues trading downwards.
USDCAD is still rebounding from the support level; AUDUSD is testing the channel’s downside border, while USDCHF continues trading upwards.
GOLD continues rebounding from the support area; NZDUSD is correcting within the uptrend, while GBPUSD continues trading upwards.
EURUSD continues testing the resistance level; USDJPY is forming another rising wave, while EURGBP is testing another support level.
USDCAD is forming a bounce off the support line; AUDUSD is preparing to continue the uptrend, USDCHF keeps developing the uptrend.