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.

27.10.2022

Japanese Candlesticks Analysis 27.10.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the support level; AUDUSD continues a wave of growth, USDCHF is winding up a correction wave.
26.10.2022

Japanese Candlesticks Analysis 26.10.2022 (XAUUSD, NZDUSD, GBPUSD).

XAUUSD continues correction; NZDUSD is developing a wave of growth, GBPUSD is testing the resistance level.
25.10.2022

Japanese Candlesticks Analysis 25.10.2022 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the resistance level; USDJPY is forming a correction, EURGBP continues a wave of growth.
14.10.2022

Japanese Candlesticks Analysis 14.10.2022 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the resistance area; USDJPY is about to correct, while EURGBP is trading upwards.
13.10.2022

Japanese Candlesticks Analysis 13.10.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming another correctional wave; AUDUSD is testing the support area, while USDCHF continues trading upwards.
12.10.2022

Japanese Candlesticks Analysis 12.10.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD is rebounding from support area; NZDUSD is correcting, while GBPUSD is testing the support level.
11.10.2022

Japanese Candlesticks Analysis 11.10.2022 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the support area; USDJPY is about to correct, while EURGBP continues trading upwards.
10.10.2022

Japanese Candlesticks Analysis 10.10.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming another correctional wave; AUDUSD continues falling, while USDCHF is testing the resistance area.