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.

03.12.2021

Japanese Candlesticks Analysis 03.12.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD is correcting; NZDUSD is still testing the support area, while GBPUSD is about to rebound from the channel’s upside border.
02.12.2021

Japanese Candlesticks Analysis 02.12.2021 (EURUSD, USDJPY, EURGBP)

EURUSD continues forming the correctional impulse; USDJPY is testing another support area, while EURGBP is trading upwards.
01.12.2021

Japanese Candlesticks Analysis 01.12.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD continues trading sideways; AUDUSD is correcting from the support level, while USDCHF is testing the support area.
30.11.2021

Japanese Candlesticks Analysis 30.11.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD is forming a new wave to the upside; NZDUSD is testing the support area, while GBPUSD continues trading sideways.
29.11.2021

Japanese Candlesticks Analysis 29.11.2021 (EURUSD, USDJPY, EURGBP)

EURUSD continues forming the correctional impulse; USDJPY is testing the support area, while EURGBP is correcting.
26.11.2021

Japanese Candlesticks Analysis 26.11.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD continues trading upwards; AUDUSD is rebounding from the support level again, while USDCHF is still correcting.
25.11.2021

Japanese Candlesticks Analysis 25.11.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD is finishing the correctional wave; NZDUSD is testing the support level, while GBPUSD is correcting within the downtrend.
24.11.2021

Japanese Candlesticks Analysis 24.11.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is forming another correctional impulse; USDJPY is testing the resistance area, while EURGBP continues trading to the downside.