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.

30.07.2021

Japanese Candlesticks Analysis 30.07.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is rebounding from the resistance area; USDJPY is still testing the support area, while EURGBP is testing the channel’s downside border.
29.07.2021

Japanese Candlesticks Analysis 29.07.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is falling towards the support level; AUDUSD continues correcting within the downtrend, while USDCHF is forming a new correctional wave.
28.07.2021

Japanese Candlesticks Analysis 28.07.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD is testing the support level; NZDUSD is forming another descending impulse, while GBPUSD is testing the resistance area.
27.07.2021

Japanese Candlesticks Analysis 27.07.2021 (EURUSD, USDJPY, EURGBP)

EURUSD is rebounding from the resistance area; USDJPY is still growing from the support area, while EURGBP is testing the support area.
26.07.2021

Japanese Candlesticks Analysis 26.07.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the support area; AUDUSD continues trading within the downtrend, while USDCHF is testing the resistance area.
23.07.2021

Japanese Candlesticks Analysis 23.07.2021 (XAUUSD, NZDUSD, GBPUSD)

GOLD continues trading upwards; NZDUSD is forming another descending impulse, while GBPUSD is testing the channel’s upside border.
22.07.2021

Japanese Candlesticks Analysis 22.07.2021 (EURUSD, USDJPY, EURGBP)

EURUSD continues trading sideways; USDJPY is still growing from the support area, while EURGBP is forming another descending wave.
21.07.2021

Japanese Candlesticks Analysis 21.07.2021 (USDCAD, AUDUSD, USDCHF)

USDCAD is falling towards the support area; AUDUSD is rebounding from the support level, while USDCHF is testing the resistance area.