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.

01.07.2020

Japanese Candlesticks Analysis 01.07.2020 (EURUSD, USDJPY, EURGBP)

EURUSD continues trading sideways; USDJPY is correcting towards the support level, while EURGBP continues the correction within the uptrend.
30.06.2020

Japanese Candlesticks Analysis 30.06.2020 (USDCAD, AUDUSD, USDCHF)

USDCAD is testing the resistance area; AUDUSD continues testing the support area, while USDCHF is still correcting within the downtrend.
29.06.2020

Japanese Candlesticks Analysis 29.06.2020 (GOLD, NZDUSD, GBPUSD)

GOLD continues trading upwards; NZDUSD is still trading sideways, while GBPUSD is rebounding from the support area.
26.06.2020

Japanese Candlesticks Analysis 26.06.2020 (EURUSD, USDJPY, EURGBP)

EURUSD is reversing after forming a Shooting Star pattern; USDJPY is testing the resistance level, while EURGBP is still correcting within the uptrend.
25.06.2020

Japanese Candlesticks Analysis 25.06.2020 (USDCAD, AUDUSD, USDCHF)

USDCAD continues trading towards the resistance area; AUDUSD is still moving within the rising tendency, while USDCHF continues the correction within the downtrend.
24.06.2020

Japanese Candlesticks Analysis 24.06.2020 (GOLD, NZDUSD, GBPUSD)

GOLD is updating its highs; NZDUSD is correcting from the resistance level, while GBPUSD is rebounding from the support area.
23.06.2020

Japanese Candlesticks Analysis 23.06.2020 (EURUSD, USDJPY, EURGBP)

EURUSD is rebounding from the resistance level; USDJPY continues testing the support level, while EURGBP is still trading upwards.
22.06.2020

Japanese Candlesticks Analysis 22.06.2020 (USDCAD, AUDUSD, USDCHF)

USDCAD continues trading sideways; AUDUSD is finishing the correction within the rising tendency, while USDCHF has rebounded from the support area.