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.

11.02.2021

Japanese Candlesticks Analysis 11.02.2021 (EURUSD, USDJPY, EURGBP)

EURUSD continues forming the ascending impulse; USDJPY is testing the channel’s downside border, while EURGBP is breaking the support area again.
10.02.2021

Japanese Candlesticks Analysis 10.02.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming a descending impulse; AUDUSD continues the correction within the downtrend, while USDCHF is testing the support area.
09.02.2021

Japanese Candlesticks Analysis 09.02.2021 (GOLD, NZDUSD, GBPUSD)

GOLD continues moving upwards; NZDUSD is forming a new ascending impulse, while GBPUSD is still growing towards the resistance area.
08.02.2021

Japanese Candlesticks Analysis 08.02.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is about to complete the correctional impulse; USDJPY continues moving upwards, while EURGBP is rebounding from the support area again.
05.02.2021

Japanese Candlesticks Analysis 05.02.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the support level again; AUDUSD is forming another correction within the downtrend, while USDCHF is still moving to the upside.
04.02.2021

Japanese Candlesticks Analysis 04.02.2021 (GOLD, NZDUSD, GBPUSD)

GOLD continues moving downwards; NZDUSD is correcting within the ascending dynamics, while GBPUSD is falling towards the support area.
03.02.2021

Japanese Candlesticks Analysis 03.02.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is forming another correctional impulse; USDJPY continues moving upwards, while EURGBP is rebounding from the support area.
02.02.2021

Japanese Candlesticks Analysis 02.02.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD continues trading upwards; AUDUSD is forming another descending impulse, while USDCHF is still moving to the upside.