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.
07.10.2022
XAUUSD is rebounding from resistance area; NZDUSD is testing the support level, while GBPUSD is correcting.
06.10.2022
EURUSD continues the correction; USDJPY is about to resume the uptrend, while is forming a new wave to the upside.
05.10.2022
USDCAD is trading upwards; AUDUSD is still correcting, while USDCHF is testing the support area.
04.10.2022
XAUUSD is testing the resistance area, while both NZDUSD and GBPUSD are correcting.
03.10.2022
Both EURUSD and EURGBP are correcting, while USDJPY is testing the resistance level.
30.09.2022
USDCAD is trading upwards; AUDUSD is still correcting, while USDCHF is testing the support area.
29.09.2022
XAUUSD is trading downwards, while both NZDUSD and GBPUSD are correcting.
28.09.2022
EURUSD is testing the support area; USDJPY is correcting within the uptrend, while EURGBP is finishing the pullback.