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.

22.04.2022

Japanese Candlesticks Analysis 22.04.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD continues trading within the ascending impulse; NZDUSD is forming a new wave to the downside, while GBPUSD is testing the support level.
21.04.2022

Japanese Candlesticks Analysis 21.04.2022 (EURUSD, USDJPY, EURGBP)

Both EURUSD and USDJPY are correcting, while EURGBP continues trading upwards.
20.04.2022

Japanese Candlesticks Analysis 20.04.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD continues forming the descending impulse; AUDUSD is moving upwards, while USDCHF is correcting within the ascending tendency.
19.04.2022

Japanese Candlesticks Analysis 19.04.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD continues trading within the descending impulse; NZDUSD is rebounding from the support area, while GBPUSD is about to start a new correction.
18.04.2022

Japanese Candlesticks Analysis 18.04.2022 (EURUSD, USDJPY, EURGBP)

EURUSD is forming another correctional impulse; USDJPY is testing the resistance level, while EURGBP is about to start a new decline.
15.04.2022

Japanese Candlesticks Analysis 15.04.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming a new descending impulse; AUDUSD is testing the support area, while USDCHF is correcting within the ascending tendency.
14.04.2022

Japanese Candlesticks Analysis 14.04.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD continues trading within the correctional impulse; NZDUSD is rebounding from the support area, while GBPUSD is forming the rising wave.
13.04.2022

Japanese Candlesticks Analysis 13.04.2022 (EURUSD, USDJPY, EURGBP)

EURUSD is forming a new correctional impulse; USDJPY is testing the resistance level again, while EURGBP is about to start another growth.