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.

23.05.2023

Japanese Candlesticks Analysis 23.05.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD is testing the support level; NZDUSD is developing an ascending wave, GBPUSD is forming a correction.
22.05.2023

Japanese Candlesticks Analysis 22.05.2023 (EURUSD, USDJPY, EURGBP)

EURUSD continues correcting; USDJPY is forming a pullback, EURGBP is forming a corrective wave.
19.05.2023

Japanese Candlesticks Analysis 19.05.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming a descending wave; AUDUSD continues growing, USDCHF is developing a correction.
18.05.2023

Japanese Candlesticks Analysis 18.05.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD is testing the support level; NZDUSD is developing an ascending wave, GBPUSD continues correcting.
17.05.2023

Japanese Candlesticks Analysis 17.05.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the support level; USDJPY continues growing, EURGBP is forming a corrective wave.
16.05.2023

Japanese Candlesticks Analysis 16.05.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming a descending wave; AUDUSD is pulling back, USDCHF is developing a correction.
15.05.2023

Japanese Candlesticks Analysis 15.05.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD is forming a wave of growth; NZDUSD is developing an ascending wave, GBPUSD continues an uptrend.
12.05.2023

Japanese Candlesticks Analysis 12.05.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is forming a corrective wave; USDJPY is testing the support level, EURGBP is winding up a correction.