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.

11.05.2023

Japanese Candlesticks Analysis 11.05.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming a wave of correction; AUDUSD is pulling back, USDCHF is developing a correction.
10.05.2023

Japanese Candlesticks Analysis 10.05.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD is forming a correction; NZDUSD is developing a wave of growth, GBPUSD continues an uptrend.
05.05.2023

Japanese Candlesticks Analysis 05.05.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is forming a wave of growth; USDJPY is testing the support level, and EURGBP is winding up a corrective wave.
04.05.2023

Japanese Candlesticks Analysis 04.05.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming a descending wave; AUDUSD continues growing, USDCHF is testing the support level.
03.05.2023

Japanese Candlesticks Analysis 03.05.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD is testing the resistance level; NZDUSD is forming a wave of decline, GBPUSD continues the uptrend.
02.05.2023

Japanese Candlesticks Analysis 02.05.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is forming a wave of growth; USDJPY is testing the resistance level, EURGBP is completing a wave of correction.
28.04.2023

Japanese Candlesticks Analysis 28.04.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming a descending wave; AUDUSD is testing the support level, USDCHF is developing a wave of decline.
27.04.2023

Japanese Candlesticks Analysis 27.04.2023 (XAUUSD, NZDUSD, GBPUSD)

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