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.

27.09.2022

Japanese Candlesticks Analysis 27.09.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is rebounding from the resistance level; AUDUSD is trading upwards, while USDCHF is correcting inside the uptrend.
26.09.2022

Japanese Candlesticks Analysis 26.09.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD is testing the support area; NZDUSD is forming a wave to the upside, while GBPUSD is about to correct within the bearish tendency.
23.09.2022

Japanese Candlesticks Analysis 23.09.2022 (EURUSD, USDJPY, EURGBP)

EURUSD is trading downwards; USDJPY continues the correction, while EURGBP is testing the support area.
22.09.2022

Japanese Candlesticks Analysis 22.09.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing another resistance level; AUDUSD is about to start a new decline, while USDCHF continues trading within the uptrend.
21.09.2022

Japanese Candlesticks Analysis 21.09.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD is rebounding from the support area; NZDUSD is testing another support level, while GBPUSD is about to resume growing.
20.09.2022

Japanese Candlesticks Analysis 20.09.2022 (EURUSD, USDJPY, EURGBP)

EURUSD is trading downwards; USDJPY is moving sideways, while EURGBP is testing the resistance area.
19.09.2022

Japanese Candlesticks Analysis 19.09.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the resistance level; AUDUSD is rebounding from the support area, while USDCHF continues trading within the uptrend.
16.09.2022

Japanese Candlesticks Analysis 16.09.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD is testing the support level; NZDUSD is forming a wave of growth, GBPUSD is getting ready for an ascending impulse.