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.

04.03.2021

Japanese Candlesticks Analysis 04.03.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is forming another correction; USDJPY is testing the channel’s upside border, while EURGBP continues trading sideways.
03.03.2021

Japanese Candlesticks Analysis 03.03.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the channel’s upside border; AUDUSD is correcting within the uptrend, while USDCHF continues trading upwards.
02.03.2021

Japanese Candlesticks Analysis 02.03.2021 (GOLD, NZDUSD, GBPUSD)

GOLD is testing another support area; NZDUSD is rebounding from the channel’s downside border, while GBPUSD continues the correction.
01.03.2021

Japanese Candlesticks Analysis 01.03.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the channel’s downside border; USDJPY is rebounding from the resistance level, while EURGBP continues trading downwards.
26.02.2021

Japanese Candlesticks Analysis 26.02.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is still rebounding from the support level; AUDUSD is testing the channel’s downside border, while USDCHF continues trading upwards.
25.02.2021

Japanese Candlesticks Analysis 25.02.2021 (GOLD, NZDUSD, GBPUSD)

GOLD continues rebounding from the support area; NZDUSD is correcting within the uptrend, while GBPUSD continues trading upwards.
24.02.2021

Japanese Candlesticks Analysis 24.02.2021 (EURUSD, USDJPY, EURGBP)

EURUSD continues testing the resistance level; USDJPY is forming another rising wave, while EURGBP is testing another support level.
23.02.2021

Japanese Candlesticks Analysis 23.02.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming a bounce off the support line; AUDUSD is preparing to continue the uptrend, USDCHF keeps developing the uptrend.