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.

06.09.2021

Japanese Candlesticks Analysis 06.09.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the support level; AUDUSD is rebounding from the resistance area, while USDCHF is forming another wave to the upside.
03.09.2021

Japanese Candlesticks Analysis 03.09.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD continues trading sideways; NZDUSD is testing the resistance area, while GBPUSD is forming a correctional wave.
02.09.2021

Japanese Candlesticks Analysis 02.09.2021 (EURUSD, USDJPY, EURGBP)

EURUSD continues trading within the uptrend; USDJPY is correcting, while EURGBP is testing the descending channel’s upside border.
01.09.2021

Japanese Candlesticks Analysis 01.09.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the support level; AUDUSD is rebounding from the resistance area, while USDCHF is forming a wave to the upside.
31.08.2021

Japanese Candlesticks Analysis 31.08.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD continues forming the rising impulse; NZDUSD is growing towards the resistance area, while GBPUSD is still rebounding from the support level.
30.08.2021

Japanese Candlesticks Analysis 30.08.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the resistance level; USDJPY is still trading upwards, while EURGBP continues rebounding from the descending channel’s upside border.
27.08.2021

Japanese Candlesticks Analysis 27.08.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming the correctional impulse; AUDUSD continues rebounding from the resistance area, while USDCHF is correcting within the uptrend.
26.08.2021

Japanese Candlesticks Analysis 26.08.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD is testing the support level; NZDUSD is correcting within the uptrend, while GBPUSD is rebounding from the support level.