EURJPY daily technical analytics

[Polakandil]

EURJPY today's price is 157.814 in MT4 terminal FXOpen. Yesterday the prices formed a bullish candle with small body.

In the daily timeframe we can see the EURJPY prices now moved near middle band line and here we can see the Bolinger band draws narrow range indicating low volatility. The MA 50 also draws to flattening indicating new transition signal or the market in flat market. Meanwhile the RSI 50 indicating the prices in neutral zone.

In the hourly timeframe, we can see the EURJPY now moved near upper band line and here we can see the Bollinger band quiet in larger trading range. Meanwhile the MA 50 draws to ascending indicating the pricesin uptrend zone line.

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

 

[Polakandil]

EURJPY today's price is 157.811, the price yesterday formed small bulls candle with shadow on top candle.

EURJPY now moved near middle band line and tends to flat. The Bollinger band narrow indicating the market in low volatility. Resistance zone based upper band at roughly 159.200 and support near lower band at roughly 156.780.

In the daily timeframe, EURJPY now consolidates near middle band line and fail to break like to reached resistance zone. The prices even draws small candle indicating low volume transaction. The Bolinger band narrow which means the market in low volatility. Meanwhile RSI level 50 which means the prices in neutral zone.

In the hourly timeframe, we can see the EURJUPY now moved near lower band line and approaches the MA 50. Here the MA 50 draws ascending line indicating uptrend, but the prices tries to formed reversal pattern. The RSI level 46 which means the prices 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 157.983. yesterday the pair formed small bulls candle.

EURJPY still traded in low volatility in yesterday market. The pair consolidated near middle band line.

In the daily timeframe, we can see the price of EURJPY move near middle band line. And here the Bollinger band draws narrow range indicating the market in low volatility waiting breakout. Resistance zone near upper band at roughly159.270 and support near 156.712. Meanwhile the RSI level 51 which means the prices above uptrend zone level.

In the hourly timeframe, we can see the EURJPY move near MA 50 that shows ascending line here becomes a support zone. If the price cross down probably lead the price dropped to 157.805. Here we can see the Bollinger band expands which means the market in high volatility. Meanwhile the RSI level 45 which means the prices 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 157.273 in MT4 terminal FXOpen. Yesterday the price drew a bearish candle with a shadow on the bottom candle.

After consolidating near the middle band line, EURJPY fails to continue rising and drops eventually to a low of 157.030.

In the daily timeframe, we can see the prices still move between the middle and lower band lines. Here we can see the Bollinger band narrowed indicating low volatility market. Resistance zone-based upper band at roughly 159.132 and support near 157.000. The MA 50 draws flat which means gives a sideways signal, and the RSI level 46 means the prices are below the downtrend zone level.

In the hourly timeframe, we can see the prices now move below the middle band line above the lower band line. Here we can see the Bollinger band draws a descending line with a wide range indicating higher volatility occurs in this timeframe, Meanwhile, the MA 50 also draws descending above the prices which gives a signal bearish. Meanwhile, the RSI level is 38 which means the prices 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 at 157.887 in MT4 terminal FXOpen. The price formed bullish candle in last week.

We can see the EURJPY tends to move in a flat market near the middle band line. Here the Bolinger band line still marked the Bollinger squeeze wait for a strong breakout, meanwhile, the MA 50 draws a new transition to flat. The RSI level 50 which means the prices are in the neutral zone level.

In the hourly timeframe, we can see the price now moved near the middle band line above the MA 50. Here the Bollinger band start to narrow indicating the market decreased volatility, meanwhile the MA 50 lines draw a descending line indicating a downtrend market. Meanwhile, the RSI level is 53 which means the prices above the uptrend zone level

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