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.
23.05.2022
Japanese Candlesticks Analysis 23.05.2022 (EURUSD, USDJPY, EURGBP)
EURUSD and EURGBP are forming their respective corrections, while USDJPY is testing the support area.
20.05.2022
Japanese Candlesticks Analysis 20.05.2022 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing the support level; AUDUSD continues forming the correctional impulse, while USDCHF is rebounding from the support area.
19.05.2022
Japanese Candlesticks Analysis 19.05.2022 (XAUUSD, NZDUSD, GBPUSD)
Both XAUUSD and NZDUSD are still correcting, while GBPUSD is trading upwards.
18.05.2022
Japanese Candlesticks Analysis 18.05.2022 (EURUSD, USDJPY, EURGBP)
EURUSD is forming another correctional wave; USDJPY is rebounding from the support area, while EURGBP is forming one more ascending impulse.
17.05.2022
Japanese Candlesticks Analysis 17.05.2022 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing the support level; AUDUSD continues forming the ascending impulse, while USDCHF is correcting.
16.05.2022
Japanese Candlesticks Analysis 16.05.2022 (XAUUSD, NZDUSD, GBPUSD)
Both XAUUSD and NZDUSD are still correcting, while GBPUSD is still testing the support level.
12.05.2022
Japanese Candlesticks Analysis 12.05.2022 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing the resistance level; AUDUSD continues forming the descending impulse, while USDCHF is forming one more impulse to the upside.
11.05.2022
Japanese Candlesticks Analysis 11.05.2022 (XAUUSD, NZDUSD, GBPUSD)
Both XAUUSD and NZDUSD are forming their respective correctional waves, while GBPUSD is still testing the support level.