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.
29.07.2022
EURUSD continues trading upwards; USDJPY is moving within the downtrend, while EURGBP is testing the support area.
28.07.2022
USDCAD is testing the support level; AUDUSD is breaking the resistance area, while USDCHF is forming a new impulse to the downside.
27.07.2022
XAUUSD is trading downwards; NZDUSD is testing the support area, while GBPUSD continues moving within the rising impulse.
26.07.2022
EURUSD is testing the resistance area; USDJPY continues rebounding from the resistance level, while EURGBP is forming a new descending impulse.
25.07.2022
USDCAD continues testing the support level; AUDUSD is rebounding from the resistance area, while USDCHF is forming a new rising impulse.
22.07.2022
XAUUSD is correcting; NZDUSD continues rebounding from the support area, while GBPUSD is testing the resistance level.
21.07.2022
EURUSD is testing the resistance area; USDJPY continues trading upwards, while EURGBP is forming a new descending impulse.
20.07.2022
USDCAD is testing the support level; AUDUSD is about to complete the correctional impulse, while USDCHF is forming a new rising impulse.