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EURJPY daily technical analytics

Polakandil

Well-known member
EURJPY today price 136.194 based FXOpen trading platform.

EURJPY price yesterday market move high 136.978 and low 136.012 shaped bearish candle. The price tried to cross up the middle band line and MA 14 but fail to continue, then the price drops formed bearish candle land to 136.012.

Daily timeframe, we can see the price is now below MA 14 and the middle band line indicates a downtrend. While the Bollinger band line looks narrow, means a low volatility market occurs based on this timeframe. RSI value 44 indicates a downtrend far distance to the oversold zone value.

H1 timeframe, the price moves in consolidation trying to cross up MA line, but still in weak buyer pressure. Middle band line price 136.305 still become the first resistance target. Based on this timeframe Bollinger band line looks painting to narrow, means decreased volatility. Resistance level 136.694 based on the upper band and support 135,875 based on lower band. RSI value 48 still indicates a downtrend.

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Polakandil

Well-known member
Tuesday market comes on, yesterday EURJPY price move having tendencies to a bullish market.

EURJPY today's price of 138.710 formed a bullish candle break upper band line.

Daily timeframe, EURJPY price move above moving average and middle band line indicates the uptrend. There is raising volatility, and the Bollinger band draw upline indicates raising volatility may occur in the near future. Indicator RSI shows level 56 indicates uptrend not yet reached overbought zone level.

H1 timeframe, on this short-term analysis the price move above the moving average, and the middle band line indicates the uptrend. Bollinger band line looks expanding means increasing volatility. RSI value 66 near overbought zone level.

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Polakandil

Well-known member
EURJPY today priced 139.085, the price looks continue to rise after break upper band.

On a daily timeframe, we can see the EURJPY price trying to move higher and form a higher high. However the rising price is still weak, it is only formed small body candlestick.

Price now moves above upper band line with moving average 14 slope up indicates the uptrend. Bollinger band line expands indicates increasing volatility, while RSI value 57 indicates an uptrend-based indicator.

H1 timeframe, EURJPY price move above moving average 14 and middle band line indicates an uptrend, with an upper band may act as resistance level roughly 139.233. There is increasing volatility seen from expands Bollinger band line, while RSI based on this timeframe shows 63 indicating an uptrend.

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Polakandil

Well-known member
EURJPY today priced at 139.880 based on trading platform MT4 FXOpen broker.

EURJPY price still forms new higher high, the trend tendencies to bullish. Yesterday's high at 139.722 and the low was 138.263. Although overall upward trend market, still occurs wavy the price retrace before continue to rising.

Daily timeframe, the price now above moving average 14 and break upper band line. We can see Bollinger band expands means increasing volatility. RSI value 61 still indicates an uptrend not yet reached the overbought zone level.

H1 timeframe, bullish formation occurs where the price move above moving average 14 and middle band line, Bollinger band looks expands means increasing volatility. RSI value 69 near the overbought zone level becomes the alert possibility of retracement.

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Polakandil

Well-known member
EURJPY today priced at 139.744, the price drops shaped the bearish candle yesterday.

On a daily timeframe, we can see EURJPY price move below the upper band line. After breaking the line then the price enters to band range. The price now moves above the moving average of 14 with a support zone of roughly 138.250. RSI value 58 still indicates an uptrend not yet reached the overbought zone level.

H1 timeframe, the price crisis cross at MA line indicates consolidation phase, the price also move below middle band line indicates possib9ility of downward movement, the possible support 139.049 based lower band and resistance 139.785. RSI value 49 indicates a downtrend begins.

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Polakandil

Well-known member
EURJPY today's price is 139.262. Monday morning there are gaps occurring on this pair. We can see the price of candlestick drops and the opening price is far below the closing price.

EURJPY trying to move to cover the gaps. Now on the daily timeframe the price we can see formed pin bar candle on Friday market, however not always pinbar will become valid reversal, should to analyze the possibility of price ahead, where the high will formed.

Overall on the daily timeframe, the price still moves above the moving average of 14, and middle band loine indicates uptrend still occurs. While RSI value of 57 indicates the uptrend has not yet reached the overbought zone level.

h1 timeframe, the price move near the lower band line after a gap occurs, the price tries to move higher to recover the gaps, but not yet been achieved on time writing. The price now moves below the moving average and the RSI value 41 indicates a downtrend based on the timeframe.

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Polakandil

Well-known member
EURJPY today priced 139.662, the price trying to rise and formed bulls candle.

Daily timeframe we can see EURJPY price now move near the upper band, after the price break upper band and back enter trading range, now looks further rising after a retracement. MA 14 below the price also indicates the uptrend. While RSI 60 also indicates an uptrend not yet entered in overbought zone level.

H1 timeframe the price above MA 14 and middle band line indicates uptrend based indicator, while RSI value 56 also indicates the uptrend. Resistance target near future roughly 139.844 and support zone 138.911.

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Polakandil

Well-known member
EURJPY today's price is 141.730. The price continue to rise and formed a new high.

The daily timeframe we can see EURJPY moves above MA 14 and the middle band line indicates a strong uptrend occurs on this pair. The price has already broken the upper band line indicating high volatility occurs as expanding Bollinger band line. While the RSI indicator value of 68 indicates the price near the overbought zone level.

H1 timeframe, the price above MA 14 and middle band line also indicate the price upward movement still controls the market. Although the price is wavy however it is formed lower high and higher high, which means still in an uptrend market. RSI value 66 indicates an uptrend near the overbought zone level.

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Polakandil

Well-known member
EURJPY today's price of 144.165 formed a new high to continue bullish.

The daily timeframe we can see EURJPY price formed long body candle yesterday means there are strong uptrend occurs to control the market. Bollinger's band looks expanding means high volatility occurs on a daily timeframe, and the price break the upper band line is now outside the line. RSI value 74 indicates the price entering an overbought zone level as early warning possible to retrace or reversal. However, there are possible bullish-looking resistance 148 that formed on 2014 December.

H1 timeframe the price still formed bullish candles, the price move above moving average and middle band line indicates strong uptrend still control the market. However, as an early warning, the RSI indicator shows the price is now in the overbought zone level where the value is RSI 74.

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Polakandil

Well-known member
EURJPY today price 144.011, the price move in consolidation after rally strong bullish.

Daily timeframe EURJPY move above moving average 14 and middle band line with expanding Bollinger band line indicates high volatility market occurs, however, the price already near 144.241 as formed high at June. RSI value 74 indicates the price enter an overbought zone level.

H1 timeframe, we can see the price move near upper band indicates sideways with possibilities the price move on trading range swing high and swing low based on this timeframe, however Friday market often the market move randomly and hard to analyze as many technical traders say away from the market. RSI value 58 indicates the price out from the overbought zone level.

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Polakandil

Well-known member
EURJPY today price 143.678, this morning occurs small gap seen on M15 timeframe. Open price higher than the closing price.

Daily timeframe, we can see EURJPY trying to push the price higher, but in this zone, there is a consolidation pattern formed on the daily timeframe, Friday market the price fails to continue rising. While an RSI value of 69 indicates the price trying out from the overbought zone level. This is possible at this point the price then retrace or long-term reversal.

H1 timeframe, EURJPY price still above moving average 14 and crossing up middle band line, here there are buying pressure trying to control. However, the Bollinger band drawing to narrow means there is decreasing volatility based on the timeframe, while an RSI value of 48 indicates the downtrend.

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Polakandil

Well-known member
EURJPY today's price is 144.433. The price yesterday shaped a high 145.626, however, there are sellof of pressure and the pair fail to rise higher. It is price drops and shaped long wick shadow.

Daily timeframe, we can see EURJPY price still move far above moving average 14 and middle band line. While large expands Bollinger band indicates high volatility occurs in this timeframe. The price now moves below the upper band line with a slope-up line. While an RSI value of 71 indicates the price enter an overbought zone level.

H1 timeframe the price now moves near moving average 14 and middle band line, indicating there is consolidation price on this timeframe waiting for a breakout. Bollinger band drawing to narrow, there are decreasing volatility on last hours. The support level in the near term is roughly 143.862 and the resistance 145.206. While RSI vaolue 54 indicates an uptrend.

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Polakandil

Well-known member
EURJPY today's price is 144.378. Yesterday's price formed a high at 145.017 and a low at 143.968.

Daily timeframe, shows the price move on correction time after a long rally, yesterday CPI data gives impact to the market make EURJPY moves higher volatile bring the price down large and suddenly rise in a short time. Candlestick shows the trend as having tendencies to rise but there are higher low forms on three days market. While the RSI value is 69 out of the overbought zone level.

H1 timeframe, the price move cross up moving average 14 and trying to cross middle band. 144783 is the next target in the near term, while the support target is 143.965. RSI value 52 indicates heavier to bullish than a bearish based indicator.

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Polakandil

Well-known member
EURJPY today's price is 142.867. Yesterday's market price formed a bearish candle-long body.

Daily timeframe, EURJPY move above moving average 14 and based indicator still in a bullish market. However, there are retracement or maybe reversal patterns on a daily candlestick. RSI value 61 indicates out from overbought zone level, and not yet cross level 50, means possible uptrend still on the way.

H1 timeframe, the price below moving average 14 indicates downtrend, Bollinger band look to narrow as decreasing volatility after drops yesterday. candle pattern formed a consolidation zone with bearish tendencies. While an RSI value of 37 indicates a downtrend not yet entering the oversold zone level.

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Polakandil

Well-known member
EURJPY today's price is 143.196, the price was retraced yesterday trying to reach the previous high but still fail.

Daily timeframe, we can see EURJPY price move above moving average 14 and middle band line still indicates bullish formation based on two indicators. While based on the candlestick pattern, there are reversal patterns we can see on the daily timeframe. While the RSI value of 62 indicates an uptrend not yet entered the overbought zone, the RSI line out from the overbought zone level a few days ago looks further decline.

H1 timeframe the price now cross down moving average 14 and middle band line looking further decline to 143 at near term as first support. While Bollinger's band looks to narrow means there is decreasing volatility in this timeframe. RSi value 46 indicates a downtrend has not yet reached the oversold zone level.

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Polakandil

Well-known member
Monday has come, and there are small gaps occurring on EURJPY we can see using the M5 timeframe. The opening price is below the closing previous price candle. However, the gap recover already.

On a daily timeframe, we can see candles formed a revealing pattern, with the highest price at 145.626 followed by a lower high. However the market is very dynamic, sometimes already appearing to reveal a pattern but the trend eventually continues, we need to learn fundamental analysis too for learning conditions. We also can see Bollinger band still in the large distance, high volatility occurs represent movement on last week. While RSI value 61 already gets out from overbought zone level looking downtrend pattern.

H1 timeframe, the price move small range swing high at 143.551 and swing low at 142.557. The price is now on the middle band line as the equilibrium zone level. RSI 49 indicates a sell signal looking further decline.

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Polakandil

Well-known member
EURJPY today priced at 143.719, the price trying to head up after a few days move on trading range 143.500.

In the daily timeframe, we can see the EURJPY price trying to move even higher, and break the previous high. The price is still above the moving average of 14 and the middle band line, which indicates the price trend has tendencies to be bullish. While the RSI value of 64 also still indicates an uptrend the price is already out from the overbought zone level.

H1 timeframe, we can see EURJPY price formed bullish candle pattern. The price moved above MA 15 and the middle band line, with the MA line sloping up. Now the price is near the upper band line and trying to break the line. Bollinger band looks to expand, there is increased volatility in the market, While the RSI value of 64 indicates an uptrend near the overbought zone level.

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Polakandil

Well-known member
EURJPY today's price is 143.230. the price still above the moving average of 14 means an uptrend-based indicator. EURJPY prices move in consolidation as before try to reach higher level price 145.626.

In the daily timeframe, we can see the price move above MA 14 and the middle band line indicates the uptrend. The price also still moves the trading range between the upper band and middle band line. While Bollinger's band looks to expand means high volatility occurs. And RSI indicator shows a value of 61 indicating an uptrend near the overbought zone level.

Hourly timeframe, the price now moves below moving average 14 and the middle band line indicates downtrend. The price also moves between the middle band line and the lower band line with a low target 143 level price. There are expanding Bollinger band line indicates increased volatility occurs based on timeframe. While an RSI value of 43 indicates a downtrend-based indicator.

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Polakandil

Well-known member
EURJPY today's price is 142.013, and the price drops from a high of 143.585 yesterday.

In the daily timeframe, we can see EURJPY price now already cross down moving average 14 and trying to cross the middle band line. The price drops may be because the Fed hiked the interest rate by 75 basis points yesterday.

Bollinger band indicator on the daily timeframe, drawing to narrow as before looks large expanding. 137.1317 is lower band support and resistance 146.010 based upper band. While the RSI indicator value of 54 indicates the uptrend.

H1 timeframe, the price below moving average 14 and middle band line, the price trying to hike after drops and hit lower band at 141.634. The current price is 142.038 looking at a target of 142.229 based on MA 14.

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Polakandil

Well-known member
EURJPY today priced 140.023, the price large drops yesterday as BoJ meeting conference gives high impact to Japanese Yen.

On a daily timeframe, we can see the price now formed long body bears candle. Yesterday formed a high of 143.693 and a low of 140.064. The price moves up and down after the news BoJ meeting conference. Now the price move below the moving average of 14 means in a downtrend market, and the next support-based lower band at 137.716. RSI indicator shows level 45 indicates a downtrend yet enters the oversold zone level.

H1 timeframe. the price now moves consolidation, we can see the candle in the raw formed small body means the downtrend already to weaken. EURJPY price is still below MA 14 and the middle band line indicates a downtrend, while RSI level 41 indicates a downtrend also, the Bollinger band expands there is high volatility occurs.

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