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Question about forex pairs and candlesticks
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[QUOTE="Mcdogg, post: 105227, member: 38394"] Hi This is probably the most basic thing but i would to know what it means when the candlestick is bearish for the FX pairs CAD/JPY. If the candlesticks are going down, does that mean the canadian dollar is weakening and the Yen is strengthening ? Does the same principle apply to every other pairs? For USD/JPY, if the candlesticks are going up, it means that the USD is strengthening but the YEN is weakening? Please help me to understand this Thanks! [/QUOTE]
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