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.

10.09.2020

Japanese Candlesticks Analysis 10.09.2020 (USDCAD, AUDUSD, USDCHF)

USDCAD keeps bouncing off the resistance level; AUDUSD keeps developing an uptrend; USDCHF, completing a correction, keeps developing a downtrend.
09.09.2020

Japanese Candlesticks Analysis 09.09.2020 (GOLD, NZDUSD, GBPUSD)

GOLD continuing a flat; NZDUSD finishing correction of an uptrend, GBPUSD continuing a swift decline.
08.09.2020

Japanese Candlesticks Analysis 08.09.2020 (EURUSD, USDJPY, EURGBP)

EURUSD keeps testing the lower border of the ascending channel; USDJPY keeps correcting by a sideways movement, EURGBP keeps growing to the resistance level.
07.09.2020

Japanese Candlesticks Analysis 07.09.2020 (USDCAD, AUDUSD, USDCHF)

USDCAD continues another correction; AUDUSD keeps developing an uptrend, USDCHF keeps correcting in a downtrend.
04.09.2020

Japanese Candlesticks Analysis 14.09.2020 (GOLD, NZDUSD, GBPUSD)

GOLD continues the uptrend; NZDUSD keeps correcting in an uptrend, GBPUSD returned to the borders of the ascending channel.
03.09.2020

Japanese Candlesticks Analysis 03.09.2020 (EURUSD, USDJPY, EURGBP)

EURUSD keeps correcting in an uptrend; USDJPY keeps bouncing off the support level, EURGBP tests another support level.
02.09.2020

Japanese Candlesticks Analysis 02.09.2020 (USDCAD, AUDUSD, USDCHF)

USDCAD is forming another correction; AUDUSD has broken the upper border of the ascending channel and is forming a pullback, USDCHF keeps bouncing off the support level.
01.09.2020

Japanese Candlesticks Analysis 01.09.2020 (GOLD, NZDUSD, GBPUSD)

GOLD maintains an uptrend; NZDUSD is forming a correction of an uptrend, GBPUSD keeps developing an uptrend.