Polakandil
Well-known member
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.
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.