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.

08.07.2020

Japanese Candlesticks Analysis 08.07.2020 (USDCAD, AUDUSD, USDCHF)

USDCAD is finishing another correction; AUDUSD continues growing within the rising channel, while USDCHF is rebounding from the support level again.
07.07.2020

Japanese Candlesticks Analysis 07.07.2020 (GOLD, NZDUSD, GBPUSD)

GOLD is forming another correction within the rising tendency; NZDUSD is still trading upwards, while GBPUSD is rebounding from the resistance area.
06.07.2020

Japanese Candlesticks Analysis 06.07.2020 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the descending channel’s upside border; USDJPY is rebounding from the support level, while EURGBP continues moving within the uptrend.
03.07.2020

Japanese Candlesticks Analysis 03.07.2020 (USDCAD, AUDUSD, USDCHF)

USDCAD is still correcting from the resistance area; AUDUSD continues testing the channel’s downside border, while USDCHF is rebounding from the support level again.
02.07.2020

Japanese Candlesticks Analysis 02.07.2020 (GOLD, NZDUSD, GBPUSD)

GOLD is correcting within the rising tendency; NZDUSD is still trading sideways, while GBPUSD is rebounding from the resistance area.
01.07.2020

Japanese Candlesticks Analysis 01.07.2020 (EURUSD, USDJPY, EURGBP)

EURUSD continues trading sideways; USDJPY is correcting towards the support level, while EURGBP continues the correction within the uptrend.
30.06.2020

Japanese Candlesticks Analysis 30.06.2020 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the resistance area; AUDUSD continues testing the support area, while USDCHF is still correcting within the downtrend.
29.06.2020

Japanese Candlesticks Analysis 29.06.2020 (GOLD, NZDUSD, GBPUSD)

GOLD continues trading upwards; NZDUSD is still trading sideways, while GBPUSD is rebounding from the support area.