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.

22.07.2021

Japanese Candlesticks Analysis 22.07.2021 (EURUSD, USDJPY, EURGBP)

EURUSD continues trading sideways; USDJPY is still growing from the support area, while EURGBP is forming another descending wave.
21.07.2021

Japanese Candlesticks Analysis 21.07.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is falling towards the support area; AUDUSD is rebounding from the support level, while USDCHF is testing the resistance area.
20.07.2021

Japanese Candlesticks Analysis 20.07.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD continues trading upwards; NZDUSD is forming a descending impulse, while GBPUSD is testing another support area.
19.07.2021

Japanese Candlesticks Analysis 19.07.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is trading sideways; USDJPY is testing the support area, while EURGBP continues the correction.
16.07.2021

Japanese Candlesticks Analysis 16.07.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD continues the correction; AUDUSD is rebounding from the support level, while USDCHF is testing the support area.
15.07.2021

Japanese Candlesticks Analysis 15.07.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD continues trading upwards; NZDUSD is forming an ascending impulse, while GBPUSD is testing the support area.
14.07.2021

Japanese Candlesticks Analysis 14.07.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is correcting; USDJPY is testing the resistance area, while EURGBP continues trading within the descending tendency.
13.07.2021

Japanese Candlesticks Analysis 13.07.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD continues the correction; AUDUSD is rebounding from the support level, while USDCHF is testing the support area.