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.

15.10.2021

Japanese Candlesticks Analysis 15.10.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is correcting; AUDUSD is testing the channel’s upside border, while USDCHF is about to resume moving upwards.
14.10.2021

Japanese Candlesticks Analysis 14.10.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD is trading upwards; NZDUSD continues forming the ascending wave, while GBPUSD is testing the resistance level.
13.10.2021

Japanese Candlesticks Analysis 13.10.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is forming another correctional wave; USDJPY is testing the resistance area, while EURGBP continues trading downwards.
12.10.2021

Japanese Candlesticks Analysis 12.10.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is correcting within the downtrend; AUDUSD is about to resume moving upwards, while USDCHF is testing the channel’s downside border.
11.10.2021

Japanese Candlesticks Analysis 11.10.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD is moving sideways; NZDUSD is testing the channel’s upside border, while GBPUSD continues forming the rising impulse.
08.10.2021

Japanese Candlesticks Analysis 08.10.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is forming another correctional wave; USDJPY is still rebounding from the support area, while EURGBP continues trading downwards.
07.10.2021

Japanese Candlesticks Analysis 07.10.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the support level; AUDUSD is about to resume falling, while USDCHF is still correcting within the uptrend.
06.10.2021

Japanese Candlesticks Analysis 06.10.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD is forming an impulse to the downside; NZDUSD continues trading downwards, while GBPUSD is testing the resistance area.