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EURJPY daily technical analytics

Polakandil

Well-known member
EURJPY price today 137.129, the price drops and formed new low as previous fail to crosses high.

The daily timeframe shows the price near the lower band line, there is buying pressure at this time. RSI level 40 indicates a downtrend.

H1 timeframe, EURJPY price slowly cross up MA 14 line indicator means there are buying pressure trying to control. RSI level 42 out from oversold zone level indicates uptrend starting point based indicator. The price is now near the middle band line as the first resistance when it breakout possible the price move up to reach the upper band level.

Forex, CFDs are complex instruments and come with a high risk of losing
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Polakandil

Well-known member
EURJPY today's price is 136.182. This pair moves to decline and breaks the lower band line indicating occurs high volatility in the market last week.

Monday morning, there are no gap occurs on this pair. Low timeframe M15 shows the price in a sideways market, BB squeeze means low volatility.

Daily timeframe, EURJPY price far below MA 14 line and break lower band line. Begin from 20 July this price making tendencies to bearish market. RSI level 37 indicates a downtrend not yet achieved the oversold zone level.

H1 timeframe the price near MA line and middle band line indicates consolidation, BB line narrow means decreased volatility, RSI level 43 indicates the downtrend.

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Polakandil

Well-known member
EURJPY today price 135.141. The price still continues to decline following the major trend.

The daily timeframe we can see EURJPY price moves below MA 14 very far distance, and the price also breaks lower band indicates downtrend are strong. Bollinger band itself expanding means there is increasing volatility occurring on the market. While RSI level shows33 near the oversold zone level as a warning possibilities for retracement.

H1 timeframe for short-term analysis EURJPY price below MA 14 and middle band line indicates the downtrend. There er also formed wick on hourly. Bollinger band on narrow range means the trend volatility is normal. RSI level shows 35 out from the oversold zone level.

Forex, CFDs are complex instruments and come with a high risk of losing
your money

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Polakandil

Well-known member
EURJPY today price 135.549, the price decline sharply on yesterday market, but then appears buying pressure and formed long wick on the daily timeframe.

Wick in trading could be important information indicating rejection price becoming new trend reversal or retracement.

Although sometimes hard to recognize between reversal or retracement but long wick often indicates a reversal pattern.

Daily timeframe now prices far below MA 14 line and entering to Bolinger band line after breaking the line. There is bull candlestick appearing after long wick today, but this still will be questionable whether the price will be valid reversal or retracement. RSI level shows 35 slope up indicates price near oversold zone level but not yet entering the level oversold.

H1 timeframe the price now above MA 14 and consolidating on upper band line, Bollinger band expands as increasing volatility, while RSI level 61 indicates uptrend near overbought zone level on this timeframe.

Forex, CFDs are complex instruments and come with a high risk of losing
your money

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Polakandil

Well-known member
EURJPY today price 136.123. The price formed a reversal pattern on the daily timeframe, morning star candlestick shows on the daily timeframe.

EURJPY price drops to lower level 133.398, but eventually wake up and now at price 136.123. The price trying to head up and reach MA 14 line, while the RSI level shows a 39 slope up indicates on downtrend the price trying to head up.

H1 timeframe. EURJPY price above MA line and middle band line. Price move between middle band to upper band indicates uptrend at present time, while RSI level 61 indicates the uptrend.

Forex, CFDs are complex instruments and come with a high risk of losing
your money

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Polakandil

Well-known member
EURJPY today price 135.826. After the price moved to a high of 136.916 then the price declined and formed a bearish candle.

Daily timeframe, EURJPY price move below MA 14 and middle band line. The trend is still a bearish-based indicator. While the RSI level shows 38 indicates a downtrend near the oversold zone level. Bollinger band expands means high volatility occurs.

H1 timeframe the price drops and crosses the middle band and MA 15, trying to reach lower band line 135.376. Bollinger band line upper band and lower band in the narrow distance, means low volatility. RSI level 44 indicates a downtrend-based indicator.

Forex, CFDs are complex instruments and come with a high risk of losing
your money

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Polakandil

Well-known member
EURJPY today price 137.402. The price on Monday morning no gap occurs even we look on small timeframe.

Daily timeframe,. we can see EURJPY price trying to cross up MA 14, there is a bullish pattern formed since 2 August. Bollinger band still looks wide range, means on the market still occurs high volatility market. On the other hand, the RSI indicator shows a 46 slope up indicates in a downtrend market there is buying pressure trying to control.

H1 timeframe, price in consolidation, last few hours formed small body candle on this timeframe parallel each other. In supply and demand called equilibrium zone level, here trader waiting for a breakout. The price above MA 14 and BB is still wide range, while RSI 63 indicates uptrend near the overbought zone level.

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Polakandil

Well-known member
EURJPY today price 137.582. The price yesterday moved in a low trading range.

In the daily timeframe, we can see the price trying to cross MA 14 but still, weak volume to bring higher. EURJPY price moves between the MA line and the middle band line. When the price break the middle band line, it is possible can make the price even higher with the target upper band zone level. RSI 48 shows the price in a downtrend.

H1 timeframe, Bollinger band painting flat or sideways market, the price move on the small trading range with the upper band as resistance and the lower band as support waiting for breakout. The price now consolidates on MA and middle band line, while RSI level 55 indicates the uptrend.


Forex, CFDs are complex instruments and come with a high risk of losing
your money

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Polakandil

Well-known member
EURJPY today price 137.972. The price breaks the middle band but then bounce to a lower price. Daily timeframe candlestick pattern formed bullish market.

Daily timeframe, EURJPY price now move above MA 14 line indicates an uptrend and Bollinger band wide range with lower band 134.564 as support zone level with resistance 141.768. RSI level 48 is still below the downtrend level.

H1 timeframe, consolidation occurs on this timeframe last few hours, the price now inline middle band but above MA line. Bollinger band painting narrow as declining volatility. RSI level 55 indicates the uptrend.

Forex, CFDs are complex instruments and come with a high risk of losing
your money

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Polakandil

Well-known member
EURJPY today's price is 136.868, the price drops after reaching a high of 138.835. This trading pair crosses up MA 14 and middle band line, but then price gets pressure and make the price drops and formed new low.

Daily timeframe shows the price below MA line and middle band line with target support to lower band line, Bollinger band still wide range on this timeframe although price movement on beginning week tends to low volatile. RSI level shows 43 level indicates a downtrend.

H1 timeframe, we can see the price consolidating time, after drops and expands band line, the price now in weak movement, the price move below MA 14 and middle band line, but price action shows declining volatility. RSI level shows 35 indicates a downtrend near the oversold zone level.

Forex, CFDs are complex instruments and come with a high risk of losing
your money

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Polakandil

Well-known member
EURJPY today price 137.294. The price formed a bulls candle after drops on Wednesday.

Daily timeframe based technical analysis, EURJPY still move below moving average 14 and trying to crosses up. There is resistance on this line when the price breaks the line the next target at the middle band line is roughly 138.092. BB line looks on the wide range with tendencies to bearish. While an RSI value of 46 indicates a downtrend not yet entered the oversold zone level.

H1 timeframe, the price now above moving average 14 means uptrend based indicator on the particular timeframe, while Bollinger band line looks expands means raising volatility on this timeframe, on another hand RSI value level 38 still indicates downttrend.

eurjpy-d1-fxopen-investments-inc.png

Forex, CFDs are complex instruments and come with a high risk of losing
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Polakandil

Well-known member
Good morning world.

EURJPY today move at 136.930, the price drops from 137.713 and now move below MA 14.

Daily timeframe, we can see the price move below MA 14 and the middle band line. The price still on low trading volume and formed a bearish candle in a small body. There is no gap occurs on this morning. RSI shows 42 indicates the downtrend.

H1 timeframe the price move below MA 14 and middle band line, indicates downtrend, while Bollinger band line expands means there are increasing volatility, but candlestick pattern formed consolidation stage, small trading range waiting for breakout. RSI level shows 41 indicates a downtrend.

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Polakandil

Well-known member
EURJPY today price 135.334. the price decline crosses down the MA line.

EURJPY price formed bearish candles yesterday and drops sharply to looking target 134 level price. In the daily timeframe, we can see EURJPY moves below the middle band and the MA line indicates a downtrend. Overall the price is still moving below the middle band and lower band line. RSI level value 35 indicates a downtrend.

H11 timeframe, EURJPY price moves below the middle band and lower band with Bands line expands. volatility increase in this timeframe based Bollinger band line,. the next target is based on lower band 134.082 as the support zone level, while the RSI value of 38 still indicates the downtrend.

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Forex, CFDs are complex instruments and come with a high risk of losing
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Polakandil

Well-known member
EURJPY today's price is 136.535, and the price rebounded after drops to 134.942.

Daily timeframe, we can see EURJPY price now moves new MA 14 and middle band line, where the price still below the line, indicates still in a downtrend market, although yesterday formed bulls candle, still formed a higher low. Bollinger band looks starting to slope up as narrowed volatility, and RSI level value 44 still indicates a downtrend.

H1 timeframe, there are the price still above MA 14 and middle band line, means based this timeframe the trend in bullish, while based price action, there are declining price shows by candlesticks, the price bounce when near MA line, Bollinger band looks expands as increased volatility, while RSI value 61 indicates the uptrend.

eurjpy-d1-fxopen-investments-inc.png


Forex, CFDs are complex instruments and come with a high risk of losing
your money
 

Polakandil

Well-known member
EURJPY today price 137.478, the price crosses up middle band line and SMA 14 yesterday, it gives buy signal based indicator.

Daily timeframe, we can see the EURJPY price move above the middle band and SMA 14 to reach the next target. Although the pattern gives a buy signal but moving average line has not yet crossed up the middle band line. We also look Bollinger band starting to narrow as decreasing volatility in this timeframe. While RSI value of 48 still indicates a downtrend.

On the h1 timeframe, we can see the price above the moving average and middle band line indicates uptrend signal based indicator, while band line looks expands as increasing volatility, RSI value 63 indicates uptrend near overbought zone level.

eurjpy-d1-fxopen-investments-inc.png


Forex, CFDs are complex instruments and come with a high risk of losing
your money
 

Polakandil

Well-known member
EURJPY today price 136.977, the price move shaped small body candle yesterday, move in the previous price range.

In the daily timeframe, we can see the price in consolidation, the price still near the moving average, and the middle band line, both indicators criss-cross in one line indicating no signal. Bollinger band looks pointing to narrow as decreasing volatility. RSI level value 46 still indicates a downtrend.

H1 timeframe, the price below moving average 14 and middle band line, there are correction candles shaped on this timeframe, Bollinger band looks expanding as increasing volatility based on timeframe 136.666 as support level and 137.662 as resistance zone. RSI value shows 47 indicates a downtrend.

eurjpy-d1-fxopen-investments-inc.png


Forex, CFDs are complex instruments and come with a high risk of losing
your money
 
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