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.

21.04.2021

Japanese Candlesticks Analysis 21.04.2021 (GOLD, NZDUSD, GBPUSD)

GOLD continues the ascending tendency; NZDUSD is correcting, while GBPUSD is finishing the pullback within the uptrend.
20.04.2021

Japanese Candlesticks Analysis 20.04.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is forming a correctional impulse; USDJPY is testing another support level, while EURGBP continues the correction within the downtrend.
19.04.2021

Japanese Candlesticks Analysis 19.04.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming another descending wave; AUDUSD continues trading upwards, while USDCHF is falling to reach the support level.
16.04.2021

Japanese Candlesticks Analysis 16.04.2021 (GOLD, NZDUSD, GBPUSD)

GOLD continues the ascending tendency; NZDUSD is testing the resistance area, while GBPUSD is forming another correctional wave.
15.04.2021

Japanese Candlesticks Analysis 15.04.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is rebounding from the resistance area; USDJPY is testing another support level, while EURGBP continues testing the resistance area.
14.04.2021

Japanese Candlesticks Analysis 14.04.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming another correction; AUDUSD continues trading towards the resistance area, while USDCHF is falling to reach the support level.
13.04.2021

Japanese Candlesticks Analysis 13.04.2021 (GOLD, NZDUSD, GBPUSD)

GOLD is re-testing the resistance area; NZDUSD continues trading sideways, while GBPUSD is forming another correctional wave.
12.04.2021

Japanese Candlesticks Analysis 12.04.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is still rebounding from the resistance area; USDJPY is finishing the correction within the ascending tendency, while EURGBP is testing another resistance level.