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.

29.06.2023

Japanese Candlesticks Analysis 29.06.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is developing a corrective wave; AUDUSD is testing the support level, USDCHF continues correcting.
28.06.2023

Japanese Candlesticks Analysis 28.06.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD is forming a correction; NZDUSD is testing the support level, GBPUSD continues an ascending wave.
27.06.2023

Japanese Candlesticks Analysis 27.06.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is forming a wave of growth; USDJPY is testing the resistance level, EURGBP is developing a corrective wave.
09.06.2023

Japanese Candlesticks Analysis 09.06.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming a wave of correction; AUDUSD is testing the resistance, USDCHF is completing a correction.
08.06.2023

Japanese Candlesticks Analysis 08.06.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD is forming a correction; NZDUSD is testing the support level, GBPUSD continues a corrective wave.
07.06.2023

Japanese Candlesticks Analysis 07.06.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is forming a correction; USDJPY is pulling back from the resistance, EURGBP is developing a wave of growth.
06.06.2023

Japanese Candlesticks Analysis 06.06.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming a correctional wave; AUDUSD continues pulling back, USDCHF is testing the support level.
05.06.2023

Japanese Candlesticks Analysis 05.06.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD continues declining; NZDUSD is forming a correction, GBPUSD is continuing a wave of correction.