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.

28.01.2020

Japanese Candlesticks Analysis 28.01.2020 (EURUSD, USDJPY)

EURUSD continues falling towards the support level, while USDJPY is moving near the ascending channel’s downside border.
27.01.2020

Japanese Candlesticks Analysis 27.01.2020 (USDCAD, AUDUSD)

In case of USDCAD, the sideways movement was followed by a slight growth, while AUDUSD has completed one more correction towards the support level.
24.01.2020

Japanese Candlesticks Analysis 24.01.2020 (GOLD, NZDUSD)

GOLD is still moving sideways within the rising tendency, while NZDUSD is trading close to the resistance level.
23.01.2020

Japanese Candlesticks Analysis 23.01.2020 (EURUSD, USDJPY)

EURUSD continues trading near the support level, while USDJPY has finished its decline from the ascending channel’s upside border.
22.01.2020

Japanese Candlesticks Analysis 22.01.2020 (USDCAD, AUDUSD)

In case of USDCAD, the sideways movement was followed by a slight growth, while AUDUSD has completed one more correction towards the support level.
21.01.2020

Japanese Candlesticks Analysis 21.01.2020 (GOLD, NZDUSD)

GOLD is still moving sideways within the rising tendency, while NZDUSD continues trading close to the support level.
20.01.2020

Japanese Candlesticks Analysis 20.01.2020 (EURUSD, USDJPY)

EURUSD has corrected towards the support level, while USDJPY is trading near the ascending channel’s upside border.
17.01.2020

Japanese Candlesticks Analysis 17.01.2020 (USDCAD, AUDUSD)

USDCAD continues moving sideways, while AUDUSD has completed anther correction close to the rising channel’s downside border.