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.

09.03.2022

Japanese Candlesticks Analysis 09.03.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is correcting; AUDUSD continues forming the wave to the upside, while USDCHF is correcting towards the support area.
07.03.2022

Japanese Candlesticks Analysis 07.03.2022 (XAUUSD, NZDUSD, GBPUSD)

Both GOLD and GBPUSD are forming their respective correctional waves, while NZDUSD is testing another resistance area.
04.03.2022

Japanese Candlesticks Analysis 04.03.2022 (EURUSD, USDJPY, EURGBP)

EURUSD is still forming the descending impulse; USDJPY is about to resume growing, while EURGBP is testing the support area.
03.03.2022

Japanese Candlesticks Analysis 03.03.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD continues the correction; AUDUSD is forming another wave to the upside, while USDCHF is correcting towards the support area.
02.03.2022

Japanese Candlesticks Analysis 02.03.2022 (XAUUSD, NZDUSD, GBPUSD)

GOLD is correcting; NZDUSD is testing the resistance area, while GBPUSD continues trading downwards.
01.03.2022

Japanese Candlesticks Analysis 01.03.2022 (EURUSD, USDJPY, EURGBP)

EURUSD is still forming the correctional impulse; USDJPY is about to resume growing, while EURGBP is testing the support area.
28.02.2022

Japanese Candlesticks Analysis 28.02.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD continues trading upwards; AUDUSD is forming another wave to the upside, while USDCHF is correcting.
25.02.2022

Japanese Candlesticks Analysis 25.02.2022 (XAUUSD, NZDUSD, GBPUSD)

GOLD continues moving upwards; NZDUSD is still rebounding from the support area, while GBPUSD is about to complete the correctional impulse.