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.

24.08.2023

Japanese Candlesticks Analysis 24.08.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is correcting; USDJPY is developing an ascending wave, EURGBP continues a wave of growth.
23.08.2023

Japanese Candlesticks Analysis 23.08.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the resistance level; AUDUSD is forming a correction wave, USDCHF continues an uptrend.
22.08.2023

Japanese Candlesticks Analysis 22.08.2023 (XAUUSD, NZDUSD. GBPUSD)

GOLD is forming a corrective wave; NZDUSD is testing the support level, GBPUSD continues correcting.
21.08.2023

Japanese Candlesticks Analysis 21.08.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the support level; USDJPY is forming an ascending wave, EURGBP is developing a wave of growth.
18.08.2023

Japanese Candlesticks Analysis 18.08.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the resistance level; AUDUSD is forming a correction, USDCHF continues a flat.
17.08.2023

Japanese Candlesticks Analysis 17.08.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD is testing the support level; NZDUSD is forming a corrective wave, GBPUSD is getting ready to drop.
16.08.2023

Japanese Candlesticks Analysis 16.08.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the support level; USDJPY is forming a corrective wave, EURGBP is developing a wave of growth.
15.08.2023

Japanese Candlesticks Analysis 15.08.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming an ascending wave; AUDUSD continues correcting, USDCHF is developing a flat.