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.

23.01.2023

Japanese Candlesticks Analysis 23.01.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming a correction; AUDUSD is forming a wave of decline, USDCHF is testing the support level.
20.01.2023

Japanese Candlesticks Analysis 20.01.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD is forming a correction; NZDUSD is developing a wave of growth, GBPUSD continues its pullback.
19.01.2023

Japanese Candlesticks Analysis 19.01.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the support level; USDJPY is developing a wave of decline, EURGBP is getting ready to grow.
18.01.2023

Japanese Candlesticks Analysis 18.01.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD continues correcting; AUDUSD is forming a wave of growth, USDCHF is testing the support level.
17.01.2023

Japanese Candlesticks Analysis 17.01.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD continues correcting; GBPUSD is developing a wave of growth, GBPUSD is pulling back.
16.01.2023

Japanese Candlesticks Analysis 16.01.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is developing a correctional wave; USDJPY is testing the support level, EURGBP is preparing to grow.
13.01.2023

Japanese Candlesticks Analysis 13.01.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD continues growing from the support level; AUDUSD is forming a correctional wave, USDCHF is testing the resistance level.
12.01.2023

Japanese Candlesticks Analysis 12.01.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD continues developing an uptrend; NZDUSD is developing a correctional wave, GBPUSD is pulling back.