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.

02.02.2022

Japanese Candlesticks Analysis 02.02.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the support level; both AUDUSD and USDCHF are still correcting.
01.02.2022

Japanese Candlesticks Analysis 01.02.2022 (XAUUSD, NZDUSD, GBPUSD)

GOLD continues trading upwards, while both NZDUSD and GBPUSD are correcting.
31.01.2022

Japanese Candlesticks Analysis 31.01.2022 (EURUSD, USDJPY, EURGBP)

EURUSD is rebounding from the support level; USDJPY continues forming another impulse to the upside, while EURGBP is testing the support level.
28.01.2022

Japanese Candlesticks Analysis 28.01.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the resistance level; both AUDUSD and USDCHF are correcting.
27.01.2022

Japanese Candlesticks Analysis 27.01.2022 (XAUUSD, NZDUSD, GBPUSD)

GOLD continues the correction; NZDUSD is forming a new impulse to the downside, while GBPUSD is testing the support level.
26.01.2022

Japanese Candlesticks Analysis 26.01.2022 (EURUSD, USDJPY, EURGBP)

EURUSD continues rebounding from the support level; USDJPY is forming another impulse to the upside, while EURGBP is testing the support level.
25.01.2022

Japanese Candlesticks Analysis 25.01.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the channel’s upside border; both AUDUSD and USDCHF continue trading upwards.
24.01.2022

Japanese Candlesticks Analysis 24.01.2022 (XAUUSD, NZDUSD, GBPUSD)

GOLD continues forming another rising wave; NZDUSD is rebounding from the support area, while GBPUSD is testing the support level.