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.

02.06.2022

Japanese Candlesticks Analysis 02.06.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is rebounding from the support level; AUDUSD is forming another correctional impulse, while USDCHF is testing the resistance area.
01.06.2022

Japanese Candlesticks Analysis 01.06.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD is trading downwards; NZDUSD and GBPUSD are testing the support area and the resistance level respectively.
31.05.2022

Japanese Candlesticks Analysis 31.05.2022 (EURUSD, USDJPY, EURGBP)

EURUSD is trading upwards; USDJPY is forming a new descending impulse, while EURGBP is still rebounding from the support area.
30.05.2022

Japanese Candlesticks Analysis 30.05.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD continues trading downwards; AUDUSD is forming another rising impulse, while USDCHF is testing the support area.
27.05.2022

Japanese Candlesticks Analysis 27.05.2022 (XAUUSD, NZDUSD, GBPUSD)

Both XAUUSD and NZDUSD are trading upwards, while GBPUSD is testing the resistance area.
26.05.2022

Japanese Candlesticks Analysis 26.05.2022 (EURUSD, USDJPY, EURGBP)

EURUSD continues trading upwards; USDJPY is correcting, while EURGBP is rebounding from the support area.
25.05.2022

Japanese Candlesticks Analysis 25.05.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the support level; AUDUSD continues forming the rising impulse, while USDCHF is rebounding from the support area.
24.05.2022

Japanese Candlesticks Analysis 24.05.2022 (XAUUSD, NZDUSD, GBPUSD)

All pairs in the overview are correcting.