EURJPY daily technical analytics

[Polakandil]

Today waiting for the market open, EURJPY the last week close at 143.871 based on MT4 terminal FXOpen. The price formed a long bullish candle which means occurs a big movement on the last market before closing.

In the daily timeframe, we can see EURJPY now trying to reach the upper band line again, before the price drops to the middle band line. The market is still waiting market open whether today there will be a gap or not. Here Bollinger band draws a wide range indicating the price move in the wide range from swing low and swing high. While RSI shows level 58 indicating the price is above the uptrend zone level.

EURJPY in the hourly timeframe, the price successfully break the upper band line near the price of 143.132 and rising high near 144.000. Bollinger band expanding which means high volatility occurs in this timeframe, while RSI shows level 71 which means the price entering overbought zone level attention to retracement or pullback.

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

 

[Polakandil]

EURJPY today's price is 144.496 based on MT4 terminal platform FXOpen, the price formed a bullish candle yesterday.

In the daily timeframe, EURJPY moves near the upper band line and the Bollinger band expands which means increasing volatility. We can see two bullish candles shaped signed strong bullish in two days market. However, MA 50 shows descending line although the prices are above the line, it means in the long term the prices are in a downtrend. This is need to be noted indicator is the only help tool and only takes previous histories to calculate the result.

On the other hand, the RSI indicator shows level 61 which means the price is above the uptrend zone level.

EURJPY in the hourly timeframe, we can see EURJPY after break upper band near 144.046 the price eventually rose high and formed a new high of 144.545. Here we can see MA 50 draws an ascending line which means the price tends to form a bullish market. While RSI shows level 74 which means the price entering the overbought zone level alerted retracement.

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

 

[Polakandil]

EURJPY today's price is 143.991 based on MT4 terminal platform FXOpen, the price forms a bearish candle with a long shadow shaped in Tuesday market.

In the daily timeframe, EURJPY now moves above the middle band line below the upper band line. Yesterday's market is so highly volatile, the price rose and break the upper band line and pullback and eventually form a bearish candle. Here Bollinger band draws to expand which means increasing volatility with tendencies in the uptrend market. While MA 50 draws to flat far below the current price indicating a reversal pattern takes 50 days period of time. Here RSI shows a number of 58 indicating the price is above the uptrend zone level.

EURJPY in the hourly timeframe, we can see the price now move below MA 50 and near the lower band line. watch the history of prices, EURJPY drops heavily from a high of 145.463 to a low of 145.284 only in three hours. This condition could be tricky because buyers expect the prices to move higher, stop loss is important to prevent big losses in a single trade. Here we can see the Bollinger band draws to expand which means just occur high volatility market, while RSI shows level 39 which means the prices are below the downtrend zone level.

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

 

[Polakandil]

EURJPY today's price is 145.340 based on MT4 terminal FXOpen, the price back formed a bullish candle on Wednesday market.

ERUJPY rebounded and formed near the previous high. In the daily timeframe now EURJPY moves near the upper band line and tries to break the line once again. Here we can see Bollinger's band draws to expand which means increase volatility. While a Moving average of 50 far below the current price tries to draw an ascending line. RSI level shows the number of 63 indicating the price is above the uptrend zone level near the overbought zone level.

Move to the hourly timeframe, we can see here the price move near the upper band line. which becomes the first resistance on this level. The price is still above MA 50 which means an uptrend market-based line. Bollinger band draws to expand and shows the uptrend market pattern we can see from the band's line formed ascending line. While RSI shows the number 64 which means the price is above the uptrend zone level near the overbought zone level.

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

 

[Polakandil]

EURJPY today's price is 144.919 based on MT4 terminal FXOpen at the time of writing. The price formed a bearish candle yesterday.

In the daily timeframe, we can see the price now move below the upper band line, there are bullish impulsive in this timeframe dominating the main trend. The price has already breakout the upper band since the middle month of February. Bollinger band line looks expanding indicating higher volatility occurs. While MA 50 draws the line pointing to a rise indicating a reversal pattern of bearish to a bullish market. Resistance zone-based price histories near 148.380 while support could be 139.775. Here RSI level shows a number 61 which means the price is above the uptrend zone level.

Move to H1 timeframe, EURJPY now moves near MA 50 and this becomes the first support zone, here we can see the Bollinger band draws to descending line indicating appear bearish and impulsive. While RSI shows level 48 indicating the price is below the downtrend zone level.

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

 

[Polakandil]

EURJPY today's price is 144.437 based on MT4 terminal FXOpen. In the last week pair closed with bearish candles.

The market waiting for Monday trading days. In the daily timeframe now the pair EURJPY traded above the middle band line and moving average of 50. Resistance zone-based price histories near 145.506 and the first support-based middle band near 142.997. If the price break supports the next target support-based MA line near 141.643 and the support-based lower band near 140.00. Here we can see RSI number shows a value of 58 indicating the price in the uptrend zone level.

Moving to H1 timeframe, EURJPY now moves below the middle band and MA 50 line which means in a downtrend market based on both indicators, while the Bollinger band narrow indicates low volatility. And RSI number shows level 41 which means the market is below the downtrend zone level in this timeframe.

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

 

[Polakandil]

EURJPY today price is 145.190 based on MT4 terminal FXOpen. The price formed bullish candle yesterday.

In the Daily timeframe we can see EURJPY fail to reache support 143.182 near middle band line, the pair eventually pullback after hit low 144.133. The price now looking resistance near upper band line. Here we can see Bollinger band line draws to paint ascending line indicating uptrend market. While MA 50 also gives signal uptrend for long term analysis. While RSI level shows number of 61 which means the price above uptrend zone level.

Go to H1 timeframe, the price now move consolidation in the llast few hours. Here Bollinger band widening line start to flat which means decrease volatility. While RSI level shows number of 61 which means the price above uptrend zone level.

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

 

[Polakandil]

EURJPY today's price is 144.563, the price formed bearish candle yesterday.

In the daily timeframe we can see EURJPY move near previous low under upper band line above middle band line. Here we can see Bollinger bands draws to expand which means there are increase volatility. Ascending line indicating uptrend market. While MA 50 also figured up line indicating uptrend market was begin. In other edge RSI level shows number of 57 which means the price above uptrend zone level.

In the hourly timeframe EURJPY now move near lower band line below middle band and MA 50. Here we can see Bollinger band expands indicating higher volatility, while MA 50 figured up line indicating in uptrend market the price tries to push it down. While RSI level shows number of 37 which means the price below downtrend zone level.

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

 

[Polakandil]

EURJPY today price is 144.787 based on MT4 terminal FXOpen, yesterday the price move in the trading range.

In the daily timeframe EURJPY price move between middle band and upper band line, There is lower volatility draws by Bollinger band, while the price above moving average 50 which means in the uptrend market.RSI indicator shows level 59 which means the price above uptrend zone level.

Go to H1 timeframe, EURJPY price now move below MA 50 near middle band line which means the current is downtrend based on indicator. While Bollinger band draws upper band near 145.222 and low 144.351. RSI level shows value of 45 which means the price is below downtrend zone level.

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

 

[Polakandil]

EURJPY today's price is 144.069 based on MT4 terminal FXOpen, the pair formed a bearish candle yesterday.

In the daily timeframe, we can see EURJPY move and hit the middle band line, this is the first support zone in the uptrend market. Here we can see Bollinger band draws to narrowed indicating lower volatility. While MA 50 draws ascending line indicating an uptrend market. RSI level 54 also still gives an uptrend signal above the uptrend zone level.

Go to the H1 timeframe, the EURJPY price now moves near the middle band line above the lower band line, here we can see Bollinger band draws descending which means in the downtrend market. The price also far below MA 50 which means also gives a downtrend signal in this timeframe, while RSI level 43 means the price is still below the downtrend zone level.

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

 

[Polakandil]

EURJPY today's price is 143.322 based on MT4 terminal FXOpen. The price formed a bearish candle in the last week.

EURJPY in the daily timeframe, now the price already crossed down the middle band line and tries to looking new support near the lower band line. Here we can see Bollinger band line draws to narrow which means lower volatility. The price still above MA 50 which means an uptrend market-based indicator, while the RSI shows a number of 49 which means below the downtrend zone level.

Go to the H1 timeframe, On this Monday's market the price starts with a wavy candle, and the price down and up occur. The price now moves below the middle band line and MA 50 which means in the downtrend market based on this timeframe. Here Bollinger band draws to expand which means increase volatility. While RSI shows a number of 45 which means the price is below the downtrend zone level.

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

 

[Polakandil]

EURJPY today price is 142.871 based on MT4 terminal FXOpen. Yesterday the price formed bearish candle with long body and long wick.

In the daily timeframe EURJPY successfully to cross down middle band line and MA 50. However the downtrend last too short and the price to rebound above MA 50 and lower band line. At present the EURJPY price move between middle band and lower band line. Here Bollinger band still draws narrow bands which based on indicator is low vo0latility. Resistance zone near 145.400 near upper band and support 142.200 near lower band line. While RSI level shows number of 47 which means the price below downtrend zone level.

EURJPY in the H1 timefframe, here we can see there is two candle formed long bearish candle which means higher volatility just occurs. The price now move near middle band line below MA 50 which means downtrend market based on indicator. Bollinger band here draws to expands, indicating higher volatility occurs. The price formed low 141.366 based on MT4 terminal FXOpen and at the of writing EURJPY price is 142.966. Here RSI level shows number of 45 which means the price below downtrend zone level.

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

 

[Polakandil]

EURJPY back to early track at 144.084 based on MT4 terminal FXOpen. Yesterday the pair formed bullish candle with long body.

In the daily timeframe, we can see EURJPY eventually rebound after previous drop in the last week. Price movement in Tuesday bullish and hit middle band line. Now EURJPY price move near middle band line above MA 50. Here Bollinger band draws to narrow indicating low volatility. While RS shows number of 52 which means the price above uptrend zone level.

Go to H1 timeframe EURJPY now in consolidation near upper band line. The price moved above middle band and MA 50 which means based on the indicator in bullish market. Here bollinger band draws ascending line wide range indicating high volatility. While RSI shows number of 58 which means in the uptrend zone level.

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

 

[Polakandil]

EURJPY today's price is 141.007 based on MT4 terminal FXOpen. Yesterday the price formed long bearish candle.

In the daily timeframe we can see EURJPY price dropped heavily and successfully crosses middle band and lower band line only a day market. Now the price below lower band on outside the line. Sudden big movement cause band line breakout. The price also cross down MA 50 and now below the MA line. While RSI shows level 39 which means the price below downtrend zone level.

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

 

[Polakandil]

EURJPY today's price is 141.802. The price formed a bullish candle with a long shadow yesterday.

In the daily timeframe, we can see the price now moves below MA 50 near the lower band line. Here MA 50 seems still become a first resistance. The line has not yet breakout and the price tries to consolidate in this zone. The price rebounded from a low of 139.12. While the RSI level shows a number of 43 which means the price is below the downtrend zone level.

EURJPY in the H1 timeframe, we can see the price moved near MA 50 and consolidating in this zone. The price is already near the upper band which means in a resistance zone-based indicator. Bollinger band line draws to expand, which means there is increasing volatility. And RSI shows a number of 56 which means the price is above the uptrend zone level.

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

 

[Polakandil]

EURJPY in the last week formed a bearish candle again. The price closed at 140.791 based on MT4 terminal FXOpen.

EURJPY in the daily timeframe there we can see the price drop, from 142.212 to low 140.158. The price is below the middle band and MA 50 becomes the first resistance zone level.EURJPY price now moves near the lower band line. At the same time, RSI shows level 40 which means below the downtrend zone level.

EURJPY in the H1 timeframe, the price still moves below MA 50 and middle band line indicating the market is in a bearish trend based on the indicator. Here Bollinger band tries to expand which means increased volatility. RSI indicator shows level 44 which means the price is below the downtrend zone level.

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

 

[Polakandil]

EURJPY today's price is 140.873 based on MT4 terminal FXOpen. Yesterday the price formed a long-body candle with a small body indicating market volatility in the equilibrium zone.

In the daily timeframe, we can see the EURJPY price now moves below MA 50 and near the lower band line. The price still consolidated near the previous range of prices, it formed a new low of 138.816. However the price still pullback to the 140 level of prices. Here we can see the Bollinger band still wide range indicating high volatility, while the RSI level shows a number of 41 which means the price is below the downtrend zone level.

Move on H1 timeframe, now the EURJPY's price has moved near MA 50, and the middle band line the trend is flat based MA line waiting for the direction of the trend. The price is now above the middle band line and consolidated near this zone. Bollinger band draws to flat also indicating a sideways market. while the RSI level shows a number of 51 which means the price above the uptrend zone level.

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

EURJPY today's price is 142.536 based on MT4 terminal FXOpen, the price yesterday formed long body bullish candle.

In the daily timeframe, we can see EURJPY already crosses up a moving average of 50. Long-body candles represent strong movement on yesterday's market with short shadows. Now the price move below the middle band line which becomes the first resistance near the 143.000 level price. If the price continues to rise, the next resistance target near the upper band at roughly 146.000 level prices. Here RSI indicator gives a downtrend signal because shows level 43.

While in the H1 timeframe, EURJPY now moves consolidation in the last few hours below the upper band line. Bollinger band draws to expand indicating the price higher volatility occurs. The price is still above the middle band and MA 50 which means this timeframe gives a bullish signal, while RSI shows the number of 66 tries to out from the overbought zone level.

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

 

[Polakandil]

EURJPY today's price is 142.656 based on MT4 terminal FXOpen, yesterday market the EURJPY formed a bullish candle with a long wick.

In the daily timeframe, we can see EURJPY already touched the middle band line, and then the price pullback to a lower price. Yesterday's high is 143.623, and now the price is near 142.666. There is a long wick that occurs as a pin bar signal. It means amid a strong uptrend then appears selling pressure and brings the price to drop.

EURJPY now moves above MA 50 line and below the middle band line, here MA becomes the first support near 142.000. RSI indicator shows level 49 which means the price is below the downtrend zone level.

Going to the hourly timeframe, the EURJPY price now moves abpve the lower band line and MA 50 which means the pair tend to form a bullish candle. However, Bollinger's band narrowed indicating the price decreasing volatility. In another side the RSI indicator shows a level of 49 which means the price is below the downtrend zone level

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

 

[Polakandil]

EURJPY today's price is 141.779 based on MT4 terminal FXOpen, yesterday the pair formed a bearish candle with top and bottom shadows.

In the daily timeframe, we can see EURJPY eventually crosses MA 50. However, before reaching the lower band line the price already pullback and moved below MA 50.

Here we can see Bollinger band still draws a wide range from peak to valley, while RSI shows a level of 45 indicating the price is below the downtrend zone level.

In the hourly timeframe, EURJPY now moves near the lower band line and tries to rebound. Bollinger band here draws to expand which means there is increasing volatility. While RSI shows the level of 37 the price trying to out from the oversold zone level.

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