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.

06.10.2022

Japanese Candlesticks Analysis 06.10.2022 (EURUSD, USDJPY, EURGBP)

EURUSD continues the correction; USDJPY is about to resume the uptrend, while is forming a new wave to the upside.
05.10.2022

Japanese Candlesticks Analysis 05.10.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is trading upwards; AUDUSD is still correcting, while USDCHF is testing the support area.
04.10.2022

Japanese Candlesticks Analysis 04.10.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD is testing the resistance area, while both NZDUSD and GBPUSD are correcting.
03.10.2022

Japanese Candlesticks Analysis 03.10.2022 (EURUSD, USDJPY, EURGBP)

Both EURUSD and EURGBP are correcting, while USDJPY is testing the resistance level.
30.09.2022

Japanese Candlesticks Analysis 30.09.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is trading upwards; AUDUSD is still correcting, while USDCHF is testing the support area.
29.09.2022

Japanese Candlesticks Analysis 29.09.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD is trading downwards, while both NZDUSD and GBPUSD are correcting.
28.09.2022

Japanese Candlesticks Analysis 28.09.2022 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the support area; USDJPY is correcting within the uptrend, while EURGBP is finishing the pullback.
27.09.2022

Japanese Candlesticks Analysis 27.09.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD is rebounding from the resistance level; AUDUSD is trading upwards, while USDCHF is correcting inside the uptrend.