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.

12.04.2022

Japanese Candlesticks Analysis 12.04.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the resistance level; AUDUSD is trading upwards, while USDCHF is finishing the correction within the ascending tendency.
11.04.2022

Japanese Candlesticks Analysis 11.04.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD is trading within the ascending impulse; NZDUSD is testing the support area, while GBPUSD is moving downwards.
08.04.2022

Japanese Candlesticks Analysis 08.04.2022 (EURUSD, USDJPY, EURGBP)

EURUSD is forming a new correctional impulse; USDJPY is testing the resistance level, while EURGBP is about to correct within the downtrend.
07.04.2022

Japanese Candlesticks Analysis 07.04.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the resistance level, while both AUDUSD and USDCHF are correcting.
06.04.2022

Japanese Candlesticks Analysis 06.04.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD is testing the support area; NZDUSD is trading within the ascending impulse, while GBPUSD continues moving downwards.
05.04.2022

Japanese Candlesticks Analysis 05.04.2022 (EURUSD, USDJPY, EURGBP)

Both EURUSD and USDJPY continue trading upwards, while EURGBP is testing the support area.
04.04.2022

Japanese Candlesticks Analysis 04.04.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming the descending wave, while both AUDUSD and USDCHF continue trading within the uptrend.
01.04.2022

Japanese Candlesticks Analysis 01.04.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD is trading within the ascending tendency, while both NZDUSD and GBPUSD are correcting.