EURJPY daily technical analytics

[Polakandil]

EURJPY's price today is 163.362 on Ticktrader FXOpen UK. Price forms a bullish candlestick with a long shadow on the top of the candle.

On the daily timeframe, the price is now below the upper band line. Here you can see the Bolinger band expanding, an indication of high market volatility.

The 50 MA is far below the price forming an ascending channel above the lower band, an indication of strong bullish momentum.

The RSI indicator that measures the overbought and oversold zone shows a value of 71, which means the price is entering the overbought zone and possibly a correction.

In the H1 timeframe, the price is now trying to fall near the middle band line after yesterday's strong rally. Here the Bollinger band still appears wide, indicating a high-volatility market.

MA 50, which measures the average close price for the past 50 hours, forms an upward channel indicative of a market uptrend. On the other hand, the RSI indicator shows level 52, which means the price is still above the uptrend level, trying to go down.

#eurjpy #eurjpyanalysistoday #ticktrader #fxopenuk

Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

 

[Polakandil]

EURJPY price today at 160.661 on Ticktrader FXOpen. The price is below MA 50 and the lower band line.

On the daily timeframe, EURJPY moved to form a nearish candlestick with a small body at the start of Monday's market opening. No gap was detected in this pair, all prices appear normal.

Bollinger bands appear to be expanding in this time frame, indicating an increase in market volatility. On the other hand, the 50 MA is slightly above the price, drawing a flat channel, an indication that a trend transition may occur.

The RSI indicator shows a value of 37, which means the price is below the downtrend level.

In the H1 timeframe the price moves below the middle band line. Here the Bollinger bands form a downward channel with a wide band distance indicating bearish sentiment with high market volatility.

MA 50 is below the upper band line forming a descending channel indicating bearish sentiment is occurring. Meanwhile, the RSI indicator shows level 28, which means the price is in the oversold zone.

Support and resistance

The price is now moving below the lower band line, here the Bollinger band line may act as dynamic support which allows the price to return to its initial track. if the downside breakout continues, support zone-based price history at roughly 158,600. However, if the price is rejected in this zone, it may bring the price to resistance near the upper band line which acts as dynamic resistance at roughly 164,000.

#eurjpy #eurjpyanalysistoday #ticktrader #fxopenuk

 

[Polakandil]

EURJPY today's price is 160.357 on Ticktrader FXOpen, the price forms a bearish candlestick with a medium body and a shadow on the top candle.

On the daily timeframe the EURJPY price moves below MA 50 which means the market is in a downtrend. Prices have also successfully penetrated the lower band line and caused the Bollinger band line to expand, indicating increased market volatility.

A wide upper and lower band distance indicates high market volatility. On the other hand, the RSI has shown a value of 34, which means the price is below the downtrend level near the oversold zone.

On the H1 timeframe, the price moves between the middle and lower bands. Here the Bollinger bands draw a downward channel with a narrow band distance indicating a downtrend with low market volatility.

MA 50 above the upper band forms a descending channel indicating a market downtrend. while the RSI indicator shows a value of 37, which means the price is below the downtrend level.

Support and Resistance

On H1-based dynamic resistance upper band line shows resistance at roughly 160.757 and support-based lower band line at 160.323. Breaking the lower side of support can make prices look for a new support zone.

Based on price history on daily timeframe, the support zone is at roughly 158,190 which was the low point on January 31. Meanwhile, the resistance zone is at roughly 164,000 based on upper band line.

#eurjpy #eurjpyanalysistoday #ticktrader #fxopenuk

 

[Polakandil]

Today's EURJPY price on Ticktrader FXOpen at 161,635, the price formed an indecision candle near the middle band line.

On the daily timeframe, the EURJPY price now appears to be consolidating near the middle band line which is the pivot point area. Yesterday the price formed a bullish candlestick with shadows on the top and bottom of the candle.

Bollinger bands here form a flat channel with wide band spacing, an indication that prices are moving in a range with high market volatility.

The 50 MA below the price gives an indication that the price is above the uptrend line with weak momentum. Meanwhile, the RSI indicator shows level 50, which means the price is in the neutral zone.

In the H1 timeframe, the EURJPY price is now moving near the middle band line and trying to cross the line from the upside.

Here the Bollinger bands appear to be narrowing, indicating reduced market volatility.

MA 50 is near the lower band line forming an upward channel indicating an uptrend, while the RSI line shows a value of 51 which means the price is 1 point above the uptrend level.

Support and resistance

On the H1 timeframe the value of the support-based lower band at roughly 161,339 and the resistance zone-based upper band at roughly 162,000. Bollinger bands can be dynamic support and resistance.
On the daily timeframe, the support zone-based lower band at roughly 160,600 and the resistance zone-based upper band at roughly 164,000.

#eurjpy #eurjpyanalysistoday #ticktrader #fxopenuk

 

[Polakandil]

EURJPY price today at 161,330 on Ticktrader FXOpen. The price forms a bearish candlestick with a small body and a short shadow at the top of the candle.

EURJPY appears to be consolidating near MA 50. On the daily timeframe the price moves between the middle and lower band which indicates the price is below the downtrend level.

Bollinger bands form a flat channel with wide band spacing, an indication of a sideways market with high market volatility.

MA 50 which measures the moving average for the 50 days shows a flat channel near the price indicating a sideways market.

RSI, an indicator that measures overbought and oversold areas, shows a value of 47, indicating the price is below the downtrend level.

On the H1 timeframe, EURJPY moves near the lower band line. Here the Bollinger band line appears to be narrowing, indicating reduced volatility.

The 50 MA near the upper band line forms a slight upward channel indicating bullish sentiment is under downward pressure.

The RSI indicator shows a value of 39, which means the price is below the downtrend level

Support and resistance

Based on price history, the price is now near the support zone at 161,100 and the resistance zone at roughly 161,900 on short-term analysis.

Based on the lower band line, the support zone is at roughly 160,300, and the resistance zone based upper band at roughly 164,000. Bollinger bands are sometimes used to determine dynamic support and resistance like a moving average.

 

[Polakandil]

EURJPY price at 161.168 on Ticktrader FXOpen. Prices form a gravestone doji reflecting indecision market

On the daily timeframe, the price appears to be moving near the middle band line which is a consolidation zone. It can be seen that market doubts in this zone are reflected in the Doji candlestick that is formed.

Bollinger bands form a flat channel with wide band spacing, an indication of a sideways market with high volatility.

MA 50 forms a flat channel below the middle band line indicating a sideways market.

The RSI indicator shows level 52 which means 2 points above the neutral zone.

In the H1 timeframe, the EURJPY price moves near the lower band line and MA 50, this may be a support zone that allows a reversal to occur.

Bollinger bands expand slightly in this time frame drawing a flat channel indicative of a sideways market with increasing volatility.

The RSI indicator in this time frame shows a value of 44, which means the price is below the downtrend level.

Support and resistance

The support zone for the EURJPY pair is based on the lower band at roughly 162,000 on the hourly timeframe, while the resistance zone is near the upper band at roughly 162,672.
In the long term, the support zone-based lower band at roughly 160,000 and the resistance zone based upper band at roughly 164,000

 

[Polakandil]

EURJPY price is now at 164.571 on Ticktrader FXOpen, the price formed a small body bearish candlestick near the upper band line.

On the daily timeframe, the price moves near the upper band line, and a strong bullish trend appears to be occurring in the EURJPY pair, this may be triggered by the end of negative interest rates in Japan.

Here the Bollinger band appears to form an expanding flat channel, where after breaking the upper band at around 164,000 the price continues to rise to a high of 165,346.
The 50 MA formed a slight rising channel below the middle band line, indicating weak bullish sentiment.
On the other hand, the RSI indicator forms a descending line at level 64, which means the price is above the uptrend level but is under downward pressure.

In the H1 timeframe, the EURJPY price tries to retrace down across the middle band line from the upside looking for a support zone near the lower band line.
Here the Bollinger bands form an upward channel with a rather narrow band distance, indicating an uptrend with medium volatility.
MA 50 below the lower band forms an upward channel indicating an uptrend market.
Meanwhile, the RSI indicator shows level 52, which means the price is two points above the uptrend level.

Support and resistance

The support area is estimated to be near the lower band at roughly 164.172 in the short term, and resistance is near the upper band at roughly 165.177.
Prices are now moving down, but there is still a chance to rise again as a long-term response to Japanese fundamental news. If prices move down, perhaps the middle band will become the first support zone at around 162,000, and the lower band support at around 160,000

 

[Polakandil]

Today's EURJPY price is 164,660 on the Tradingview chart, the price forms a bearish candlestick with a small body.
It seems that the price is still consolidating near the upper band line forming an inside bar which may be a reversal pattern.

On the daily timeframe, the price moves near the upper band line. Here the Bollinger band line appears to expand, indicating increased volatility.
The 50-moving average, which measures the moving average for the past 50 days, forms a slight upward channel below the middle band line. This provides a bullish signal in the long term, the MA line could be dynamic support in this price zone.
The RSI indicator shows level 64, meaning the price is moving above the uptrend level.

In the H1 timeframe, prices tend to be flat, and here price behavior tends to be sideways.
Bollinger band squeeze appears in this timeframe waiting for a breakout. This reflects tight market volatility.
The MA 50 in this time frame is starting to draw a flat line near the price, indicating a sideways market.
The RSI indicator shows level 47, meaning the price is moving below the downtrend level.

Support and resistance

Prices may still move in the range of 165,334 - 164,348. If an upside breakout occurs, the price may look for a new high above the upper band line.
Support zone based on middle band at roughly 162,624 and based on MA 50 at roughly 161,632. Next support-based lower band at roughly 160,000

 

[Polakandil]

EURJPY price today at 164.068 on Ticktrader FXOpen. Price still forms a small body candle as a decision candle.

On the daily timeframe, prices move between the upper and middle band lines. EURJPY moved bullish yesterday from a low of 163,316 to a high of 164,316.
Bollinger bands have formed a flat channel with expanding bands indicating increasing market volatility.
The 50 MA below the middle band forms a slight rising channel indicating bullish sentiment.
Meanwhile, the RSI is at level 60, which means the price is above the uptrend level.
Price movements in the H1 timeframe, prices move between the upper and middle band lines.
Bollinger bands form a slight upward channel with slightly expanding bands indicating there is a slight increase in volatility.
The RSI indicator shows level 59, which means the price is above the uptrend level.

Support and resistance

In the short term, the support value is near the lower band price zone at roughly 163,500 with the resistance zone near the upper band at roughly 164,500.
On the daily timeframe, possible resistance is near the upper band line at roughly 165,500 and the support zone at roughly 160,000 near the lower band line.

 

[Polakandil]

Today's EURJPY price is 163,147 on Metatrader 4 FXOpen. Price appears to form a bearish candlestick with a lower low.

On the daily timeframe, the price is now moving slightly above the middle band line. Here the Bollinger band appears to form a wide distance between the upper and lower bands indicating high market volatility.
The 50 MA between the middle and lower bands forms a long-term indicative rising channel above the uptrend line.
The RSI indicator shows level 52, meaning the price is above the uptrend level.

On the H1 timeframe, the price moves near the lower band line. The Bollinger band here forms a descending channel with the distance between the upper and lower bands appearing to be starting to narrow, indicating decreasing volatility.
MA 50 is near the upper band line forming a descending channel indicating a downtrend in short-term trading.
The RSI indicator shows level 40, meaning the price is moving below the downtrend level.

Support and resistance

The price is now near the lower band which is short-term dynamic support at 162,900, with resistance near the upper band at roughly 163,600.
In long-term trading, the support zone is near the lower band line at 160,000 and resistance is near the upper band line at 165,500.

 

[Polakandil]

EURJPY today is trading at 162,659 on Ticktrader FXOpen. Yesterday's price formed a bearish candlestick with a long body with almost no shadow.

On the daily timeframe, the price is now moving near the middle band line and trying to break from the upside.
Bollinger bands form a flat channel with the band appearing to expand, indicating high market volatility.
The 50 MA below the price forms a slight upward channel indicating an uptrend market. The MA line could be dynamic support at roughly 162,000 The RSI indicator shows level 47, meaning the price is below the downtrend level.

In the H1 timeframe, EURJPY is now moving near the lower band line. price is trying to penetrate the lower band line in this timeframe.
Here the Bollinger band expands, indicating that market volatility is increasing with bearish sentiment.
MA 50 below the middle band line forms a slight downward channel indicating a market downtrend.
However, the RSI indicator shows level 26, meaning the price is moving in the oversold zone.

Support and resistance

EURJPY price is trying to find new support because it has successfully penetrated the lower low. In the short term, the support zone is near the MA line at roughly 162,000 and the resistance is around 163,150.
In the long term, support zone-based lower band at roughly 160,000 and resistance at roughly 165,000

 

[Polakandil]

Today the EURJPY price is trading at 164.353 on Ticktrader FXOpen. Yesterday the price formed a bullish candlestick with a long body with almost no shadow.

On the daily timeframe, the price is now moving between the upper and lower band lines. Here the upper band line may be a resistance zone.
The Bollinger band line appears to form a flat channel with the band starting to narrow slightly, indicating slightly reduced volatility.
MA 50 below the middle band line forms a slight upward channel indicating a weak market uptrend.
The RSI indicator is at level 53, which means the price is above the uptrend level.

On the H1 timeframe, the price is consolidating after yesterday's strong rally. Here the Bollinger band expands to reflect high market volatility.
MA 50 forms an upward channel between the middle and lower band lines, indicating an uptrend market with strong momentum.
On the other hand, the RSI shows level 83, meaning the price is moving in the overbought zone.

Support and resistance

The nearest support based on the middle band line in the short term is trading in the range of 164,000. A decrease in this level might make the MA line the next support at roughly 163,400 and 163.00 the next support.
Resistance-based upper band on daily timeframe at roughly 165,200.

 

[Polakandil]

Today's EURJPY price is 163,672 on Ticktrader FXOpen, the price forms a bearish candlestick with a slightly long body and a shadow at the below candle.

On the daily timeframe, the price moves slightly above the middle band line. The price briefly touched the middle band line before finally bouncing slightly upwards.

Bollinger bands form a flat channel with slightly narrowed bands indicating a sideways market with somewhat reduced volatility.
MA 50 below the middle band line forms a slight upward channel indicating the price above the uptrend line.
Meanwhile, the RSI indicator is at level 56, meaning the price is moving above the uptrend level.

On the H1 timeframe, the price is now moving near the lower band line. There was even a breakout of the lower band line in this time frame.
Bollinger bands appear to be expanding, indicating an increase in market volatility.
The 50 MA is slightly above the price forming an upward channel indicating that the price is moving below the downtrend line.
The RSI indicator is at level 32, meaning the price is moving below the downtrend level near the oversold zone

Support and resistance

Based on price history, EURJPY's support zone could be near 162,700, while resistance is based on the middle band at roughly 164,400.
In the long-term range, the support zone is near the lower band at roughly 161,400 and resistance is near the upper band at roughly 165,000

 

[Polakandil]

EURJPY's price today is at 164.008 and formed a long-body bullish candlestick.
It can be seen from the price history that after a sharp decline occurred in EURJPY the following day there was also a sharp reversal. This reflects market conditions with the balance of buying and selling volume that occurs in the market.

On the daily timeframe, the price is now moving near the middle band line which is a pivot zone where price consolidation often occurs.
The Bollinger band line appears to be narrowing, indicating decreasing market volatility.
Meanwhile, the MA 50 indicator near the lower band forms an upward channel indicating an uptrend market.
The RSI indicator is at level 53, meaning the price is above the uptrend level.

On the H1 timeframe, there was a breakout of the middle band line and MA 50 from the lower side, an indication of a change in trend.
The price is now moving above the MA 50 near the upper band line. Meanwhile, the MA 50 itself is starting to draw a flat line, an indication of a change in trend.
The RSI indicator is moving at level 62, meaning the price is above the uptrend level.

Support and resistance

The nearest support is based on the middle band line at roughly 163.264, while resistance is near the upper band line at roughly 164.121. A breakout of this level may bring prices up looking for new resistance.
Extreme support on the H1 timeframe is near the lower band at roughly 162,364. while resistant based on history price at roughly 165,140.

 

[Polakandil]

Today's EURJPY price is at 163,856, the price appears to be correcting after yesterday's strong rally and forming a bullish candlestick with a long shadow on the top candle.

On the daily timeframe, the price moves near the middle band line which is the pivot zone based on the center line of the Bolinger band.
Meanwhile, the Bollinger band itself forms an upward channel with the band starting to narrow, indicating reduced market volatility.
MA 50 forms an upward channel below the price near the lower band line indicating an uptrend market.
The RSI indicator which measures the overbought and oversold zone shows level 52, meaning the price is slightly above the uptrend level.

In the H1 timeframe, prices appear to be consolidating and indicating an uptrend that is starting to weaken.
Here Bollinger band squeeze appears reflecting low volatility waiting for a breakout.
The 50 MA formed a slight descending channel below the price near the lower band line indicating a possible reversal.
Meanwhile, the RSI indicator shows level 47, meaning the price has moved below the downtrend level.

Support and resistance

In the hourly, the price is currently moving in the support zone based on the lower band line. A breakout of the lower band allows the price to fall to find new support near the previous day's low.
Resistance for the hourly period is near the upper band at roughly 164,200. Meanwhile, the possibility of solid resistance is near the upper band for the daily period at 165,500.

 

[Polakandil]

Today's EURJPY price is at 164,056 on MT4 FXOpen, the price formed a bearish candlestick with a small body and moved within yesterday's price range.

• The EURJPY price increase was stuck at a high of 164,670.
• Prices are moving in consolidation near the middle band line
• MA 50 forms an upward channel indicating an uptrend market.

On the daily timeframe, we see the price moving slightly above the middle band line and forming a bearish candle with a small body. There is a short shadow on the top of the candle reflecting that the rising price is under selling pressure which makes the price fall again.

The Bollinger band line appears to be narrowing, indicating reduced market volatility.

MA 50 near the lower band line forms an upward channel indicating long-term bullish sentiment.

The RSI indicator shows level 53, meaning the price is moving above the uptrend level.

On the H1 timeframe, the price moves near the lower band line. Even the price broke the lower band line and a long wick at the bottom candle appeared, an indication that after the price fell there was buying pressure and brought the price up again.

Bollinger bands are forming a slight upward channel indicating a weak uptrend.

Meanwhile, the RSI shows level 44, meaning the price is below the downtrend.

Support and resistance

Currently, the price is moving near the middle band line which is the support zone. If there is a breakout of this level from the upside, it may find support near the MA line at 162,900. Meanwhile, resistance is based on the upper band at roughly 165,000.

 

[Polakandil]

EURJPY price today at 164.604 on MT4 FXOpen. Yesterday the price formed a bullish candlestick with shadows on the top and bottom of the candle.

Today on the daily timeframe the EURJPY price moved below the upper band line above the middle band line.
Bollinger bands indicator draws a flat channel with narrowing bands reflecting a sideways market with reduced volatility.
MA 50 formed an ascending channel near the lower band line reflecting a bullish market.
On the other hand, the RSI indicator shows level 57, meaning the price is moving above the uptrend level.

ON H1 timeframe the price is now moving slightly above the middle band line. It appears that the price fell from the upper band line and formed a reversal pattern.
Bollinger bands indicator draws a slight upward channel with expanding bands there is an indication of increasing volatility.
The 50 MA above the lower band line forms an upward channel indicating bullish sentiment.
On the other hand, the RSI indicator shows level 54, meaning the price is moving above the uptrend level

Support and resistance

The closest support is based on the lower band at roughly 164,100 and resistance is based on the upper band at roughly 164,900.
MA 50 could also be dynamically supported at roughly 164,280, while resistance on the daily timeframe is at 165,200.