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.

02.08.2023

Japanese Candlesticks Analysis 02.08.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the resistance level; AUDUSD continues falling, USDCHF is forming a wave of growth.
01.08.2023

Japanese Candlesticks Analysis 01.08.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD is forming a wave of correction; NZDUSD continues a wave of growth, GBPUSD is sustaining growth.
31.07.2023

Japanese Candlesticks Analysis 31.07.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is forming a wave of growth; USDJPY continues an uptrend, EURGBP is testing the support level.
28.07.2023

Japanese Candlesticks Analysis 28.07.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the resistance level; AUDUSD continues declining, USDCHF is forming a corrective wave.
27.07.2023

Japanese Candlesticks Analysis 27.07.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD is forming a wave of correction; NZDUSD is preparing for a correction, GBPUSD is developing a wave of growth.
26.07.2023

Japanese Candlesticks Analysis 26.07.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is finishing a correction; USDJPY is forming a descending wave, EURGBP is testing the support level.
25.07.2023

Japanese Candlesticks Analysis 25.07.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the support level; AUDUSD continues the wave of growth, USDCHF is forming a corrective wave.
24.07.2023

Japanese Candlesticks Analysis 24.07.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD is forming a wave of growth; NZDUSD is testing the support, GBPUSD is getting ready to rise.