EURJPY daily technical analytics

[Polakandil]

EURJPY price today 158.753 on MT4 FXOpen. Price tried to form a bull candle at the start of this week.

On the daily timeframe, we see that the price of EURJPY is currently moving below the MA 50. Here the MA 50 forms a flat channel indicating a sideways market. On the other hand, Bollinger bands form an expanding channel indicating increasing market volatility. The RSI indicator shows level 53, which means the price is moving above the uptrend level.

On the H1 timeframe, the price moves below the middle band line, here the Bollinger band forms a downward channel with a fairly wide band distance, an indication of medium volatility. MA 50 is starting to form a descending channel in this time frame indicating a possible trend transition. On the other hand, the RSU shows level 40, meaning the price moves below the downtrend level.

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

 

[Polakandil]

EURJPY price today is 159.634 on MT4 FXOpen. The price formed a bullish candle with a long body, meaning it rallied strongly yesterday.

On the daily timeframe, the price is now moving below the upper band line above the MA 50 line which forms a flat channel. Here the Bollinger bands appear to widen and form an upward channel indicating an uptrend may be starting. On the other hand, the RSI shows level 57, meaning the price is above the uptrend level.

In the H1 timeframe, the price moves between the middle and upper band lines. Here the Bollinger band begins to appear narrower, indicating a decrease in market volatility in the H1 timeframe. The MA 50 near the lower band forms a descending channel indicating a downtrend market, but the price above the MA line indicates an uptrend market. On the other hand, the RSI shows level 62, meaning the price is above the uptrend level.

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

 

[Polakandil]

EURJPY price today 160.176 on MT4 FXOpen. Price forms a bullish candle with a tail at the bottom of the candle.

On the daily timeframe, the price moves near the upper band line. Here the Bollinger band line forms an upward channel, indicating an uptrend market. Expanding bands indicate increased market volatility. Meanwhile, the MA 50 forms a flat channel, indicating a sideways market. And the RSI shows level 59, meaning the price is moving above the uptrend level.

In the H1 timeframe, the price moves near the upper band line. Here the Bollinger band expands, indicating an increase in market volatility. MA 50 near the lower band forms an upward channel, indicating an uptrend market. On the other hand, the RSI shows level 67, meaning the price is moving above the uptrend level.

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

 

[Polakandil]

EURJPY price today is 161.210 on MT4 FXOpen. Yesterday the price formed a bullish trend continuation candle.

On the daily timeframe, the price moves near the upper band. Here the Bollinger bands appear to be expanding, indicating increasing market volatility. On the other hand, the MA 50 below the price forms a flat channel indicating a sideways market. Meanwhile, the RSI shows level 63, meaning the price is above the uptrend level.

In the H1 timeframe, prices are starting to show a consolidation pattern after yesterday's strong rally. The price is still moving below the upper band and here the Bollinger band forms an upward channel indicating an uptrend. MA 50 near the lower band forms an upward channel indicating an uptrend market. Meanwhile, the RSI has shown an overbought zone level at 76, giving an immediate warning of a possible reversal.

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

 

[Polakandil]

EURJPY price today 161.083 on MT4 FXOpen. Price formed a bearish candle with a small body yesterday

On the daily timeframe, the price moves near the upper band line forming an upward channel. Here the Bollinger band expands, indicating an increase in market volatility. Meanwhile, MA 50 forms a flat channel indicating a sideways market. Meanwhile, the RSI level shows 62, meaning the price is moving above the uptrend level.

EURJPY in the H1 timeframe, the price moves below the upper band line. Here the Bolinger band line appears to form a descending channel indicating a downtrend. We also see the Bollinger band narrowing slightly, indicating decreasing market volatility. On the other hand, the MA 50 forms an ascending channel below the price, allowing this line to become a dynamic support zone.

Meanwhile, the RSI indicator shows level 56, which means the price is above the uptrend level, trying to approach the overbought zone.

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

 

[Polakandil]

EURJPY price today at 151.334 on MT4 FXOpen. Price appears to form a small candle near the upper band line.

On the daily timeframe, prices move near the upper band line and tend to form bullish sentiment. Here the Bollinger band appears to form an upward channel indicating a market uptrend with a rising line indicating high market volatility. On the other hand, the RSI shows level 63, meaning the price is above the uptrend level

In the H1 timeframe, the price moves near the middle band trying to cross the line from top to bottom. Here the Bollinger bands appear to form a flat channel with fairly wide band spacing, an indication of moderate market volatility. Here the MA 50 forms a flat channel below the price indicating a sideways market. The resistance target is near the upper band at around 161,680 and the support zone is near the lower band at around 160,920. Meanwhile, the RSI shows level 52, meaning the price is moving above the uptrend level.

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

 

[Polakandil]

EURJPY price today 161.164 on MT4 FXOpen. Price formed a bearish candle with a long shadow at the bottom of yesterday's candle.

In the daily timeframe, we see the price moving below the upper band line and moving within the previous price range. Here we see the Bollinger band expanding, which means market volatility is high. However, on the other hand, the 50 MA near the middle band forms a flat channel indicating a sideways market. Prices may still move within the daily range with a swing high of around 162,000 and a swing low of 158,500. Meanwhile, the RSI shows level 62, meaning the price is moving above the uptrend level.

In the H1 timeframe, the price moves near the middle band and we see price consolidation in this area. Here the Bollinger bands form a flat channel, an indication that prices are moving in a sideways range. MA 50 is near the middle band and the price forms a flat channel indicating a flat market. On the other hand, the RSI shows level 50, which means the price is in the neutral zone.

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

 

[Polakandil]

EURJPY price today at 160.793 on MT4 FXOpen. Yesterday's price formed a bearish candle with long shadows on the top and bottom of the candle.

EURJPY's price is now moving below the upper band line and trying to form a bearish candle. In general, prices are currently still moving within the previous market range at a high of 161,800 and a low of 160,300.

In the daily timeframe, we see that the Bollinger band still appears to be expanding, which means high market volatility based on the indicator. However, it seems that the rally is starting to fade, there is a retracement pattern in this zone. On the other hand, the MA 50 near the middle band forms a flat line indicating a sideways market. Meanwhile, the RSI shows level 60, which means the price is above the uptrend level.

In the H1 timeframe, here the price moves between the lower and middle band lines. Here the Bollinger band appears to be narrowing, indicating a decrease in volatility. The 50 MA near the upper band forms a downward channel with a gentle slope. Meanwhile, the RSI shows level 46, which means the price is moving below the downtrend level.

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

 

[Polakandil]

EUJPY fell today down near the previous low. EURJPY price today at 160.055 on MT4 FXOpen. The price formed a bearish candle with the price moving within yesterday's trading range. Price formed a high of 160,826 and a low of 159,817 with short shadows on the top and bottom of the candle.

EURJPY Daily timeframe

EURJPY's price is now moving above the middle band line. The price seems to be consolidating in this zone in the last three days moving within the daily range. Here the Bollinger bands form an upward channel with wide band spacing, an indication of high market volatility. Meanwhile, the 50 MA is below the price forming a flat channel, an indication that the price may be moving in a range. On the other hand, the RSI shows level 54, which means the price is moving above the uptrend level.

EURJPY H1 timeframe

In this time frame, EURJPY price moves near the lower band and there appears to be a rejection pattern in this zone after a sharp decline in the last few hours. Here the Bollinger bands form a wide channel which means high market volatility. The next target may be MA 50 which forms a descending channel above the price above the price below the middle band line which may be dynamic resistance in this market pattern. On the other hand, the RSI indicator shows level 41, which means the price is moving below the downtrend level.

Conclusion

EURJPY prices are still moving within the daily range of 161,100 and 159,000. Even though in the last three days the price has moved up and down forming bear, bull, and bear candles, it has not yet formed a lower low or higher high. The point is that prices are still moving within the daily range today

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

 

[Polakandil]

EURJPY fell near the middle band line

EURJPY price today at 159.706 on MT4 FXOpen. Yesterday the price formed a bearish candle with a long body with a lower low.

Some news that may need attention today, such as German and Spanish Prelim GDP, even though it is low impact news, the market response may be different because this measures the economy in a country that is a member of the eurozone.

D1 timeframe

EURJPY in this time frame the price is moving near the middle band line, this may consolidate temporarily as a support zone in this arena. Meanwhile, the 50 MA below the price forms a flat channel indicating a sideways market. Here the Bollinger bands appear to be narrowing, which may be an indication of a decrease in market volatility. On the other hand, the RSI shows level 51, which means the price is slightly above the uptrend level.

H1 timeframe

EURJPY price in this time frame is moving closer to the middle band line, after falling at a low of 159,406 the price retraces looking for a rejection point. Here the Bollinger band expands and forms a descending channel which may mean the trend tends to be bearish. On the other hand, the RSI shows level 38, which means the price is below the downtrend level, trying to stay away from the oversold zone level.

#eurjpy #eurjpyanalysis #mt4 #fxopenint.

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

 

[Polakandil]

Today's EURJPY price is 159,290 on MT4 FXOpen, yesterday's price formed a bullish candle with a long body and long shadow at the bottom of the candle.

EURJPY seemed to move volatile yesterday and there was a retracement pattern on the daily timeframe. Price touched a low of 158,068 and rebounded to close at 159,170.

EYRJPY in D1

Price moves above MA 50 which forms a flat channel in this time frame. After a breakout from the upside occurred but then it rebounded and there was a breakout from the downside. Now the price is above the MA 50 line below the middle band line. Here the Bollinger band indicator forms a flat channel and a narrowing band indicates a decrease in volatility. Meanwhile, the RSI shows level 49, which means the price is slightly below the downtrend level.

EURJPY in H1

In this time frame, the price moves near the upper band line above the MA 50 which forms a descending channel. Price managed to cross the MA 50 from the downside which indicates a strong rally occurred in this time frame. The Bollinger band here appears to be expanding, indicating increasing market volatility. Meanwhile, the RSI shows level 59, which means the price is above the uptrend level.

#eurjpy #eurjpyanalysis #mt4 #fxopenint.

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

 

[Polakandil]

EURJPY price today 160.182 on Ticktrader FXOpen

Price appears to be moving in consolidation near the middle band line as seen from two small candlesticks moving near the middle band line.

In the D1 timeframe, it appears that the price is trying to cross the middle band line which is currently a consolidation zone after last week's price increase. Based on the Bollinger band indicator, prices tend to move in a range with a swing high near the upper band at roughly 162,000 and a swing low near the lower band at roughly 158,000.

Here the 50 MA forms a flat channel below the lower band indicating a possible trend transition to a bullish market. Meanwhile, the RSI indicator shows level 54, which means the price is moving above the uptrend level.

In the H1 timeframe, the price moves below the upper band line above the middle band, which means the price tends to form a bullish pattern in this timeframe. It can be seen that the Bollinger band is forming an upward channel with a wide band distance, an indication of quite high market volatility.

Here the 50 MA forms an ascending channel near the lower band line indicating a possible uptrend. Meanwhile, the RSI indicator shows level 65, which means the price is moving above the uptrend level.

#eurjpy #eurjpyanalysistoday #ticktrader #fxopenuk

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

 

[Polakandil]

EURJPY D1 Ticktrader FXOpen

EURJPY price today 159.685 on Ticktrader FXOpen. Yesterday's price formed a bearish candle with a shadow at the bottom of the candle.

EURJPY price movements this week tend to be bullish with obstacles near the middle band line.

In the D1 timeframe, the price is now moving below the middle band line, here the middle band may become dynamic resistance where in this area it has become a roof three times which bounces the price back down. If the price manages to break through the middle band line, the price may move to find new resistance.

The Bollinger bands indicator that measures volatility is now forming a flat channel with narrowing bands indicating a sideways market with decreasing volatility.

The MA 50 which measures the movement of the past 50 days forms a flat channel below the price indicating a possible trend transition. Meanwhile, the RSI indicator that measures overbought and oversold shows level 50, which means the price is in the neutral zone.

In the H1 timeframe, EURJPY price movements are near the middle band line. It seems that in this zone there is a rejection after the price tries to rebound after the decline.

Bollinger bands form a descending channel with narrowing bands indicating decreasing market volatility.

Meanwhile, the RSI, which is an oscillator indicator, shows level 49, which means the price is below the downtrend level.

#eurjpy #eurjpyanalysistoday #ticktrader #fxopenuk

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

 

[Polakandil]

EURJPY price is now at 159.115 on Ticktrader FXOpen. Yesterday the price formed a bearish candle with a long body indicating a strong downtrend.

On the Daily timeframe the price is now moving near the lower band line, this may be a dynamic support zone. However, the Bollinger band here appears to be starting to expand slightly, indicating the possibility of increasing market volatility.

MA 50 is below the lower band forming a flat channel indicating a sideways market. On the other hand, the RSI indicator which measures the overbought and oversold zones shows level 49, which means the price is below the downtrend level.

In the H1 timeframe, the price is now trying to rise near the lower band line. After yesterday's decline, the price consolidated near the 159,000 price area, and is currently trying to rise to form a bull candle.

Bollinger bands appear to be expanding in this time frame indicating high market volatility. Meanwhile, the RSI indicator shows level 39, which means the price is below the downtrend level.

#eurjpy #eurjpyanalysistoday #ticktrader #fxopenuk

 

[Polakandil]

EURJPY today's price is 160,875 on Ticktrader FXOpen. Yesterday the price formed a bull candlestick with a long body and a slight shadow on the top of the candlestick.

EURJPY's upward movement started on February 7 after reaching a low of 158,900 on February 6.

In the D1 timeframe, the price is now moving above the middle band line, the price managed to cross the middle band line from the downside after yesterday's strong rally.

The Bollinger band indicator here appears to still form a flat channel, perhaps the upper band acts as dynamic resistance in this time frame.

MA 50, which measures the moving average for the past 50 days, forms a trend transition from a weak downtrend to an uptrend.

The RSI indicator that measures overbought and oversold shows level 58, which means the price is above the uptrend level.

In the H1 timeframe, the price is now moving between the middle and upper band lines. Here, the Bollinger band line, apart from measuring market volatility, is also a trend indicator. In this time frame, the Bollinger bands form an upward channel with a wide band indicating an upward trend with high volatility.

MA 50 measures the moving average of the past 50 hours forming an upward channel below the lower band indicating an uptrend signal.

The RSI indicator, which is an oscillator indicator, shows level 71, giving an early warning of a possible reversal or retracement.

#eurjpy #eurjpyanalysistoday #ticktrader #fxopenuk

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

 

[Polakandil]

EURJPY price today at 161.023 on Ticktrader FXOpen. Prices are still moving flat, at the time of writing forming a small body bearish candle.

EURJPY price appears to be correcting after reaching a high of 161,262 and moving between the upper and middle band lines.

In the D1 timeframe, the price appears to be above the middle band line. Here the Bollinger band forms a flat channel indicative of a sideways market with a swing high in the range of 161,800 and a swing low in the range of 158,300.

The MA 50 in this time frame forms a flat channel near the lower band line, an indication of the sideways market moving average for the past 50 days.

The RSI indicator used to measure overbought and oversold prices shows level 60, which means the price is above the uptrend level.

In the H1 timeframe the price moves flat, here a Bollinger band squeeze appears which indicates low market volatility waiting for a breakout.

MA 50 in this time frame forms an upward channel indicating an uptrend in the average price movement for the past 50 hours.

The RSI indicator, which is a leading indicator, shows level 53, which means the price is below the downtrend level.


#eurjpy #eurjpyanalysistoday #ticktrader #fxopenuk

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

 

[Polakandil]

EURJPY today's price is 161,560 on Ticktrader FXOpen, the price forms a Doji candle which shows very tight open and close prices

In the Daily timeframe, the price moves below the middle band line and is still within the previous daily range.

The Bollinger band indicator that measures volatility shows a flat channel with a rather wide band distance, which means market volatility is rather high.

The 50 MA is near the lower band forming an upward channel indicating strong momentum in the uptrend market.

The RSI indicator in this time frame shows level 61, which means the price has entered the overbought zone.

In the H1 timeframe, the price moves between the upper and middle band lines, here the MA 50 forms a flat channel near the middle band line indicating a sideways market but strong momentum has occurred.

The Bollinger band appears to form a flat channel with a wide distance, indicating that high market volatility has occurred in this time frame
Meanwhile, the RSI shows level 54, which means the price is above the uptrend level.

#eurjpy #eurjpyanalysistoday #ticktrader #fxopenuk

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

 

[Polakandil]

EURJPY today's price is at 161.794 on Ticktrader FXOpen, the price forms a bearish candlestick with a small body below the upper band line

EURJPY is moving below the upper band line which is dynamic resistance, here we see the band starting to expand, signaling the possibility of increased volatility.

Here we see the 50 MA is above the lower band far below the price forming an upward channel indicating an uptrend, the price is in bullish momentum based on the MA

The RSI indicator shows level 61, which means the price is above the uptrend level trying to form a downward pattern.

In the H1 EURJPY timeframe the price moves between the upper and lower bands. The Bollinger band forms an upward channel with a band spacing that is not too wide, an indication of medium market volatility.

The 50 MA here forms an ascending channel below the lower band line, an indication of bullish momentum. On the other hand, the RSI indicator shows level 51 is in the neutral zone with one point above the uptrend level.

#eurjpy #eurjpyanalysistoday #ticktrader #fxopenuk

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

 

[Polakandil]

EURJPY today's price is 162,864 on Ticktrader FXOpen, yesterday's price formed a bullish candlestick with a slightly long body, an indication of an uptrend market.

In the daily timeframe, the EURJPY price appears to be below the upper band line, here the Bollinger band appears to be expanding, indicating increasing market volatility.
MA 50, which measures the average price for the past 50 days, forms an upward channel far below the price, an indication of a bullish market with strong momentum.
The RSI indicator shows level 70, which means the price has entered the overbought zone. RSI is a leading indicator that gives signals before a trend is formed.

In the H1 timeframe, EURJPY appears to have a strong uptrend at the time of writing, the price breaks the upper band line and is outside the line. Here the Bollinger bands appear to be expanding, indicating increasing market volatility.
MA 50, which measures the average close price for the past 50 hours, forms an upward channel far below the price, an indication of strong bullish momentum.
The RSI indicator shows level 76 which means the price is in the overbought zone. RSI is an oscillator indicator that measures overbought and oversold, if the price is in the overbought zone there may be a correction.

#eurjpy #eurjpyanalysistoday #ticktrader #fxopenuk

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

 

[Polakandil]

EURJPY today's price is 162.645 on Ticktrader FXOpen, the price forms a bearish candlestick with a small body.

On the daily timeframe, the price appears to be forming a retracement pattern and trying to move away from the upper band line.

Here the Bollinger bands form an upward channel with a wide band distance indicating high market volatility.

MA 50 forms an upward channel below the middle band line indicating an uptrend market. Meanwhile, the RSI shows level 69, which means the price is above the uptrend level near the overbought zone level.

In the H1 timeframe, the EURJPY price moves below the lower band line, it appears that the price is trying to break the lower band. Here the Bollinger bands form a flat channel with a rather narrow band spacing, an indication of less market volatility.

MA 50 is near the middle band line forming a flat channel indicating a sideways market. Meanwhile, the RSI shows level 36, which means the price is below the downtrend level near the oversold zone.

#eurjpy #eurjpyanalysistoday #ticktrader #fxopenuk

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