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.
USDCAD is still moving upwards; AUDUSD is correcting from the support area, while USDCHF is completing the correction within the rising tendency.
EURUSD is rebounding from the descending channel’s downside border; USDJPY is correcting within the rising tendency, while EURGBP is once again testing the support area.
Both GOLD and GBPUSD are testing their respective support levels, while NZDUSD is correcting after finishing the descending structure.
EURUSD is still forming the descending channel; USDJPY is moving not far from the resistance area, while EURGBP continues trading upwards.
USDCAD is still moving upwards; AUDUSD is testing another support area, while USDCHF is forming a rising tendency.
GOLD continues the correction; NZDUSD is testing the support level, while GBPUSD is still moving downwards.
EURUSD is still forming the rising channel; USDJPY is testing another support area, while EURGBP continues trading upwards.
USDCAD is still testing the support level; AUDUSD continues the ascending tendency, while USDCHF is correcting within the downtrend.