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.

21.07.2023

Japanese Candlesticks Analysis 21.07.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the support level; USDJPY is forming an ascending wave, EURGBP is completing a correction.
20.07.2023

Japanese Candlesticks Analysis 20.07.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the support level; AUDUSD continues growing, USDCHF is forming a corrective wave.
19.07.2023

Japanese Candlesticks Analysis 19.07.2023 (XAUUSD, NZDUSD, GBPUSD)

Gold is forming a corrective wave; NZDUSD continues correcting, GBPUSD is developing a pullback.
18.07.2023

Japanese Candlesticks Analysis 18.07.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the resistance line; USDJPY is forming a corrective wave, EURGBP is completing a correction.
17.07.2023

Japanese Candlesticks Analysis 17.07.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the resistance level; AUDUSD continues declining, USDCHF is forming a corrective wave.
14.07.2023

Japanese Candlesticks Analysis 14.07.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD is developing a corrective wave; NZDUSD is testing the resistance level, GBPUSD is forming a correction.
13.07.2023

Japanese Candlesticks Analysis 13.07.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is testing the resistance line; USDJPY is forming a wave of growth, EURGBP is preparing for a decline.
12.07.2023

Japanese Candlesticks Analysis 12.07.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming a corrective wave; AUDUSD is testing the resistance line, USDCHF continues a descending wave.