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.

26.01.2021

Japanese Candlesticks Analysis 26.01.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is forming another correctional impulse; USDJPY continues moving downwards within the descending channel, while EURGBP is rebounding from the support area again.
25.01.2021

Japanese Candlesticks Analysis 25.01.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD continues moving downwards; AUDUSD is forming another rising impulse, while USDCHF is still correcting after rebounding from the channel’s upside border.
22.01.2021

Japanese Candlesticks Analysis 22.01.2021 (GOLD, NZDUSD, GBPUSD)

GOLD is testing another resistance level; NZDUSD continues the correctional wave, while GBPUSD is correcting within the uptrend.
21.01.2021

Japanese Candlesticks Analysis 21.01.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is forming another ascending impulse; USDJPY continues moving downwards within the descending channel, while EURGBP is rebounding from the support area again.
20.01.2021

Japanese Candlesticks Analysis 20.01.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD continues moving downwards; AUDUSD is forming another rising wave, while USDCHF is still rebounding from the channel’s upside border.
19.01.2021

Japanese Candlesticks Analysis 19.01.2021 (GOLD, NZDUSD, GBPUSD)

GOLD continues moving sideways; NZDUSD is forming a new correctional wave after finishing the descending impulse, while GBPUSD is still moving to the upside.
18.01.2021

Japanese Candlesticks Analysis 18.01.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is forming another descending impulse; USDJPY continues moving sideways within the descending channel, while EURGBP is rebounding from the support area again.
15.01.2021

Japanese Candlesticks Analysis 15.01.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming a correctional impulse; AUDUSD is correcting within the uptrend again, while USDCHF is testing the channel’s upside border.