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.
05.09.2022
Japanese Candlesticks Analysis 05.09.2022 (GOLD, NZDUSD, GBPUSD)
GOLD keeps correcting in a decline; NZDUSD is developing a wave of growth, GBPUSD is forming a correction of a decline.
02.09.2022
Japanese Candlesticks Analysis 02.09.2022 (EURUSD, USDJPY, EURGBP)
EURUSD is still correcting; USDJPY is testing the resistance level, while EURGBP is trading upwards.
01.09.2022
Japanese Candlesticks Analysis 01.09.2022 (USDCAD, AUDUSD, USDCHF)
USDCAD is re-testing the resistance level; AUDUSD is rebounding from the support area, while USDCHF is forming a new correctional impulse.
31.08.2022
Japanese Candlesticks Analysis 31.08.2022 (XAUUSD, NZDUSD, GBPUSD)
XAUUSD is testing the support area; NZDUSD is trading upwards, while GBPUSD is correcting within the downtrend.
30.08.2022
Japanese Candlesticks Analysis 30.08.2022 (EURUSD, USDJPY, EURGBP)
Both EURUSD and EURGBP are forming their respective corrections, while USDJPY is testing the resistance level.
29.08.2022
Japanese Candlesticks Analysis 29.08.2022 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing the resistance level; AUDUSD is rebounding from the support area, while USDCHF is forming a new impulse to the upside.
26.08.2022
Japanese Candlesticks Analysis 26.08.2022 (XAUUSD, NZDUSD, GBPUSD)
XAUUSD continues trading upwards; NZDUSD is correcting, while GBPUSD is forming a new descending wave.
25.08.2022
Japanese Candlesticks Analysis 25.08.2022 (EURUSD, USDJPY, EURGBP)
Both EURUSD and USDJPY continue their respective corrections, while EURGBP is forming a new ascending impulse.