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.

30.06.2021

Japanese Candlesticks Analysis 30.06.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD continues testing the resistance level; AUDUSD is testing the support area, while USDCHF continues trading within the uptrend.
29.06.2021

Japanese Candlesticks Analysis 29.06.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD continues trading sideways; NZDUSD is rebounding from the channel’s upside border, while GBPUSD continues testing the support level.
28.06.2021

Japanese Candlesticks Analysis 28.06.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the resistance area; USDJPY is forming another correctional impulse, while EURGBP continue trading within the descending tendency.
25.06.2021

Japanese Candlesticks Analysis 25.06.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD continues testing the support level; AUDUSD is testing the channel’s upside border, while USDCHF continues the correction within the uptrend.
24.06.2021

Japanese Candlesticks Analysis 24.06.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD is forming another descending impulse; NZDUSD is rebounding from the channel’s upside border, while GBPUSD continues growing towards the resistance level.
23.06.2021

Japanese Candlesticks Analysis 23.06.2021 (EURUSD, USDJPY, EURGBP)

EURUSD continues the correction towards the resistance level; USDJPY is forming another rising impulse, while EURGBP is testing the support area.
22.06.2021

Japanese Candlesticks Analysis 22.06.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the support level; AUDUSD is forming a correctional impulse, while USDCHF continues trading within the uptrend.
21.06.2021

Japanese Candlesticks Analysis 21.06.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD is forming another descending impulse; NZDUSD is rebounding from the channel’s downside border, while GBPUSD is testing another support level.