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.

21.03.2022

Japanese Candlesticks Analysis 21.03.2022 (XAUUSD, NZDUSD, GBPUSD)

GOLD continues testing the support level; NZDUSD is forming another correctional wave, while GBPUSD is about to complete the correctional impulse.
18.03.2022

Japanese Candlesticks Analysis 18.03.2022 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the resistance area; USDJPY is about to start a new correctional wave, while EURGBP is the correctional impulse.
17.03.2022

Japanese Candlesticks Analysis 17.03.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the support level; AUDUSD is still trading upwards, while USDCHF is forming a new pullback after rebounding from the resistance area.
16.03.2022

Japanese Candlesticks Analysis 16.03.2022 (XAUUSD, NZDUSD, GBPUSD)

GOLD is still correcting; NZDUSD is forming another rising wave, while GBPUSD is testing the support area.
15.03.2022

Japanese Candlesticks Analysis 15.03.2022 (EURUSD, USDJPY, EURGBP)

EURUSD is forming the rising impulse; USDJPY is about to start a new pullback, while EURGBP is testing the resistance area.
14.03.2022

Japanese Candlesticks Analysis 14.03.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is trading upwards; AUDUSD is still correcting, while USDCHF is forming a new pullback after rebounding from the resistance area.
11.03.2022

Japanese Candlesticks Analysis 11.03.2022 (XAUUSD, NZDUSD, GBPUSD)

GOLD is still correcting; NZDUSD is trading upwards, while GBPUSD is testing the support area.
10.03.2022

Japanese Candlesticks Analysis 10.03.2022 (EURUSD, USDJPY, EURGBP)

EURUSD is forming the correctional impulse; USDJPY is about to start a new pullback, while EURGBP is testing the resistance area.