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 continues the ascending tendency; USDJPY is still rebounding from the resistance level, while EURGBP is about to complete the correction within the uptrend.
USDCAD is finishing another correction; AUDUSD continues growing within the rising channel, while USDCHF is rebounding from the support level again.
GOLD is forming another correction within the rising tendency; NZDUSD is still trading upwards, while GBPUSD is rebounding from the resistance area.
EURUSD is testing the descending channel’s upside border; USDJPY is rebounding from the support level, while EURGBP continues moving within the uptrend.
USDCAD is still correcting from the resistance area; AUDUSD continues testing the channel’s downside border, while USDCHF is rebounding from the support level again.
GOLD is correcting within the rising tendency; NZDUSD is still trading sideways, while GBPUSD is rebounding from the resistance area.
EURUSD continues trading sideways; USDJPY is correcting towards the support level, while EURGBP continues the correction within the uptrend.
USDCAD is testing the resistance area; AUDUSD continues testing the support area, while USDCHF is still correcting within the downtrend.