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.

05.09.2023

Japanese Candlesticks Analysis 05.09.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD extends its wave of growth; AUDUSD is developing a descending wave, USDCHF is forming an uptrend.
04.09.2023

Japanese Candlesticks Analysis 04.09.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD is testing the resistance level; NZDUSD is developing a corrective wave, GBPUSD is forming a correction.
01.09.2023

Japanese Candlesticks Analysis 01.09.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is developing a wave of decline; USDJPY is testing the support level, EURGBP continues an ascending wave.
31.08.2023

Japanese Candlesticks Analysis 31.08.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the support level; AUDUSD is developing a corrective wave, USDCHF is forming a wave of growth.
30.08.2023

Japanese Candlesticks Analysis 30.08.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD is testing the resistance line; NZDUSD is developing a wave of decline, GBPUSD continues a correction.
29.08.2023

Japanese Candlesticks Analysis 29.08.2023 (EURUSD, USDJPY, EURGBP)

EURUSD is forming a declining wave; USDJPY is preparing a correction, EURGBP continues a corrective wave.
28.08.2023

Japanese Candlesticks Analysis 28.08.2023 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the resistance level; AUDUSD is forming a corrective wave, USDCHF is finalising a pullback.
25.08.2023

Japanese Candlesticks Analysis 25.08.2023 (XAUUSD, NZDUSD, GBPUSD)

GOLD is testing the resistance line; NZDUSD is developing a wave of decline, GBPUSD continues falling.