EURJPY daily technical analytics

[Polakandil]

EURJPY today's price is 149.813 at MT4 platform FXOpen. Yesterday prices formed a bulls candle with a small shadow at the bottom candle.

In the daily timeframe, we can see EURUSD move above the middle band line below the upper band line. Here we can see trend market tends to be bullish. The Bollinger band draws a wide range of paint to flat indicating the price probably move on the range market. MA 50 below the lower band line still indicates an uptrend market. Meanwhile, the RSI shows level 60 which means the price is above the uptrend zone level.

In the H1 timeframe, EURJPY now moves near the upper band line, and here we can see the Bollinger band expanding which means the market increasing volatility. MA 50 draws a flat line indicating a sideways or neutral signal. And the RSI shows level 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 today's price is 150.193 at MT4 terminal FXOpen. Yesterday the price formed a bullish candle with a long shadow at the bottom candle.

In the daily timeframe, EURJPY price movement still traded in the range upper band and middle band line. Here we can see the Bollinger band draws ascending line with medium wide indicating the price tends to bullish sentiment. MA 50 position line still below lower band line work as dynamic support near 146.490. The RSI indicator shows the level of 61 here which means the price is above the uptrend zone level.

In the H1 timeframe, we can see the EURJPY price now move near the upper band line. Here in this timeframe, we can see the Bollinger band draws expanding line indicating the market's increasing volatility. The upper band could work as a resistance zone level, however, if buying pressure is high, it is possible the price break the upper band. On the other side, MA 50 draws below the price above the lower band line, here we can see the MA line draws to ascending line indicating a bullish signal. Meanwhile, the RSI shows a level of 60 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 today's price is 150.717 at MT4 platform FXOpen. Last week EURJPY continue bullish and formed a long body candle with a small shadow at the bottom candle.

In the daily timeframe, EURJPY now moves near the upper band line and above the middle band line. Here we can see the Bollinger band tends to form an uptrend market. The distance upper and lower bands are quite large indicating high volatility market. Meanwhile, MA 50 we can see still near the lower band line and tries to cross the line, indicating MA signaling an uptrend market. On the other edge, the RSI indicator shows level 63 which means the price is above the uptrend zone level.'

EURJPY in the H1 timeframe, here we can see the price move above the middle band line near the upper band line, EURJPY looks rising high and now get rejection near the 150.900 level price. Here we can see the Bollinger band expands indicating the market in high volatility. Meanwhile, MA 50 is far below the price and above the lower band line indicating an uptrend market. Meanwhile, the RSI indicator shows the level of 65 tries to out from the overbought zone level.

The short-term support-based middle band at roughly 150.366 and the resistance high is near 150.930 in the near term.

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 150.413 based on MT4 terminal FXOpen. Yesterday the price formed a bearish candle with a higher low.

Structure market pattern EURJPY still tends to move upward at daily timeframe based MA 50. In the daily timeframe, we can see the price of EURJPY now between the upper band and middle band line. The price last week closed with a bullish candle near the upper band, and yesterday the market moved retracement or reversal possibility.

Based candlestick pattern, the price still formed a higher high indicating an uptrend market, the Bollinger band here draws a wide range from a high of roughly 154.000 to and low of 146.500. Meanwhile, the RSI draws level 61 which means the price is above the uptrend zone level.

In the H1 timeframe, we can see the price move near MA 50, the price even cross the MA line from the top of yesterday's market, however, the price rebounded near the lower band line to get the middle band line. Here the Bollinger band line draws a wide range indicating the price move in the high volatility market. Meanwhile, the RSI shows level 49 which means the price is below the downtrend zone level in this timeframe.

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