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.

03.04.2020

Japanese Candlesticks Analysis 03.04.2020 (EURUSD, USDJPY, EURGBP)

EURUSD continues forming the rising channel; USDJPY is rebounding from the support level, while EURGBP is still forming the descending channel.
02.04.2020

Japanese Candlesticks Analysis 02.04.2020 (USDCAD, AUDUSD, USDCHF)

USDCAD continues the descending tendency; after finishing the correction, AUDUSD is rebounding from the support level, while USDCHF is still trading upwards.
01.04.2020

Japanese Candlesticks Analysis 01.04.2020 (GOLD, NZDUSD, GBPUSD)

After finishing the correction, GOLD continues the rising tendency; NZDUSD is testing anther support level, while GBPUSD is testing another resistance level.
31.03.2020

Japanese Candlesticks Analysis 31.03.2020 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the channel’s downside border; USDJPY is still testing the support level, while EURGBP is forming a pullback from the support level.
30.03.2020

Japanese Candlesticks Analysis 30.03.2020 (USDCAD, AUDUSD, USDCHF)

USDCAD continues the descending tendency; AUDUSD is correcting from the resistance level, while USDCHF is correcting within the downtrend.
27.03.2020

Japanese Candlesticks Analysis 27.03.2020 (GOLD, NZDUSD, GBPUSD)

GOLD continues the rising tendency; NZDUSD is testing anther resistance level, while GBPUSD continues growing from the support level.
26.03.2020

Japanese Candlesticks Analysis 26.03.2020 (EURUSD, USDJPY, EURGBP)

EURUSD continues the correction form the support level; USDJPY is still testing the resistance level, while EURGBP is rebounding from the support level.
25.03.2020

Japanese Candlesticks Analysis 25.03.2020 (USDCAD, AUDUSD, USDCHF)

USDCAD is still correcting within the rising tendency; AUDUSD continues the correction from the support level, while USDCHF is still trading upwards.