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.

01.07.2022

Japanese Candlesticks Analysis 01.07.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD is forming another descending impulse; NZDUSD continues rebounding from the resistance area, while GBPUSD is correcting.
30.06.2022

Japanese Candlesticks Analysis 30.06.2022 (EURUSD, USDJPY, EURGBP)

Both EURUSD and EURGBP are correcting, while USDJPY is rebounding from resistance area.
29.06.2022

Japanese Candlesticks Analysis 29.06.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is rebounding from the support level; AUDUSD is testing the support area, while USDCHF is still moving sideways.
28.06.2022

Japanese Candlesticks Analysis 28.06.2022 (XAUUSD, NZDUSD, GBPUSD)

Both XAUUSD and GBPUSD are correcting, while NZDUSD is rebounding from the resistance area.
27.06.2022

Japanese Candlesticks Analysis 27.06.2022 (EURUSD, USDJPY, EURGBP)

Both EURUSD and EURGBP are trading upwards, while USDJPY is rebounding from support area.
24.06.2022

Japanese Candlesticks Analysis 24.06.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD continues rebounding from the support level; AUDUSD is heading towards the resistance area, while USDCHF is testing the support area.
23.06.2022

Japanese Candlesticks Analysis 23.06.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD is correcting again; NZDUSD is rebounding from the support area, while GBPUSD continues trading upwards.
22.06.2022

Japanese Candlesticks Analysis 22.06.2022 (EURUSD, USDJPY, EURGBP)

EURUSD continues trading downwards, while USDJPY and EURGBP are both correcting.