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.

18.01.2021

Japanese Candlesticks Analysis 18.01.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is forming another descending impulse; USDJPY continues moving sideways within the descending channel, while EURGBP is rebounding from the support area again.
15.01.2021

Japanese Candlesticks Analysis 15.01.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming a correctional impulse; AUDUSD is correcting within the uptrend again, while USDCHF is testing the channel’s upside border.
14.01.2021

Japanese Candlesticks Analysis 14.01.2021 (GOLD, NZDUSD, GBPUSD)

GOLD continues the correction; NZDUSD is forming another rising impulse, while GBPUSD is still correcting from the resistance level.
13.01.2021

Japanese Candlesticks Analysis 13.01.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is still moving upwards; USDJPY is forming a descending wave from the channel’s upside border, while EURGBP is rebounding from the support area again.
12.01.2021

Japanese Candlesticks Analysis 12.01.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD continues falling; AUDUSD is about to finish the correction within the uptrend, while USDCHF is testing the channel’s upside border.
11.01.2021

Japanese Candlesticks Analysis 11.01.2021 (GOLD, NZDUSD, GBPUSD)

GOLD continues falling; NZDUSD is rebounding from the support area again, while GBPUSD is still correcting from the resistance level.
06.01.2021

Japanese Candlesticks Analysis 06.01.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is still moving upwards; USDJPY is correcting towards the channel’s upside border, while EURGBP is rebounding from the support area.
30.12.2020

Japanese Candlesticks Analysis 30.12.2020 (USDCAD, AUDUSD, USDCHF)

USDCAD continues falling; AUDUSD is correcting within the uptrend, while USDCHF continues trading downwards.