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.
06.05.2022
Japanese Candlesticks Analysis 06.05.2022 (EURUSD, USDJPY, EURGBP)
EURUSD is forming another descending wave; USDJPY is testing the resistance area, while EURGBP is forming one more correctional impulse.
05.05.2022
Japanese Candlesticks Analysis 05.05.2022 (USDCAD, AUDUSD, USDCHF)
USDCAD is testing the support level; AUDUSD is about to start a new descending impulse, while USDCHF is trading within the ascending tendency.
04.05.2022
Japanese Candlesticks Analysis 04.05.2022 (XAUUSD, NZDUSD, GBPUSD)
Both XAUUSD and NZDUSD continue their respective corrections, while GBPUSD is still testing another support level.
29.04.2022
Japanese Candlesticks Analysis 29.04.2022 (EURUSD, USDJPY, EURGBP)
Both EURUSD and EURGBP are forming their respective correctional waves, while USDJPY is testing the resistance level.
28.04.2022
Japanese Candlesticks Analysis 28.04.2022 (USDCAD, AUDUSD, USDCHF)
USDCAD continues testing the resistance level; AUDUSD is about to start a new pullback, while USDCHF is correcting within the ascending tendency.
27.04.2022
Japanese Candlesticks Analysis 27.04.2022 (XAUUSD, NZDUSD, GBPUSD)
Both XAUUSD and NZDUSD are correcting, while GBPUSD is testing another support level.
26.04.2022
Japanese Candlesticks Analysis 26.04.2022 (EURUSD, USDJPY, EURGBP)
Both EURUSD and EURGBP are forming their respective correctional waves, while USDJPY is testing the support level.
25.04.2022
Japanese Candlesticks Analysis 25.04.2022 (USDCAD, AUDUSD, USDCHF)
USDCAD continues forming the ascending impulse; AUDUSD is moving downwards, while USDCHF is correcting within the ascending tendency.