EURJPY daily technical analytics

[Polakandil]

EURJPY today price 136.910 based FXOpen trading platform, low volume trading yesterday movement still move on the small range where formed inside bar candle.

On timeframe daily, position price still not too much change, the price above MA 12 indicates an uptrend, but based Mc Ginley indicator is neutral, where the price still on the Mc Ginley line indicator, while RSI level 50 also indicates neutral trend market or indecision market-based indicator.

On hourly timeframe now, a market condition also flat, where the price crinkle on MA 12 and Mc Ginley indicator lines, while RSI level 46 indicates downtrend based indicator.

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

EURJPY today price 137.352 based FXOpen trading platform, the price formed bullish candle and reach previous high.

Timeframe daily, formation indicator still not too many changes. The price now trying to rise and above Mc Ginley indicator and MA 12 indicator, which means a bullish-based indicator, while the RSI level is now 58 indicates an uptrend-based indicator.

Timeframe hourly, as short term analysis, the price above Mc Ginley and MA 12 line indicating uptrend starting point based indicator, where Mc ginley line crosses MA 12 in small portion, while RSI level 69 become waring the possible overbought zone level based indicator although not yet enter the zone level.

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

EURJPY today price 137.247. the price still moves on the previous day's range, although candlestick formed bulls candle, low trading volume shaped small body candle.

On timeframe daily now the price above Mc Ginley indicator based on theory means uptrend market, while MA 12 line below Mc Ginley line, indicates uptrend based indicator too, RSI level 57 also indicates uptrend based indicator.

Timeframe hourly, sideways market on this timeframe where, the price only moves crinkle between MA 12 and Mc Ginley indicator, while RSI level 60 indicates uptrend based indicator.

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

What do you think with EURJPY today, seems the uptrend is still on the track now based moving average.

EURJPY today price 137.775 the price no gaps occurs on this morning, all chart looks normal, on last week on Friday market this pair formed bulls candle but get pressure and formed long wick.

Timeframe daily, now the price above Mc Ginley indicator and MA 12 indicator, means uptrend based indicator, while RSI level 67 indicates uptrend not yet enter overbought zone level.

Timeframe hourly, the price drops to 137.410 but then head up and crosses MA line and Mc Ginley line indicator, while position MA line below Mc Ginley line indicates uptrend based indicator, RSI level 54 indicates uptrend based indicator.

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

 

[Polakandil]

EURJPY today price 137.599, the price still move on the previous range with low trading volume on the pair.

On timeframe daily, the price still above Mc Ginley line indicator and MA 12 below Mc Ginley line indicates uptrend still on the track based indicator, RSI level 63 indicates uptrend based indicator.

Timeframe hourly the price shown below MA 12 line trying to push down, but still too weak, Mc Ginley line not yet crosses MA 12 the signal not yet confirmed to downtrend, RSI level 45 indicates downtrend based indicator on this timeframe.

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

 

[Polakandil]

EURJPY today price 237.251, the price still move on the previous daily range, where now on low price zone on the range.

Timeframe daily still not differ many positions compared to yesterday market, the price still above Mc Ginley and MA 12 indicates an uptrend, however now the price touch Mc Ginley line that currently act as support level zone. RSI level 51 slope down indicates an uptrend in downtrend pressure.

Timeframe hourly, the price below Mc Ginley line and MA 12 line indicates downtrend, however the candlestick pattern move up and down on the Mc ginley line here the line act as resistance zone level. RSI 43 indicates downtrend based indicator.

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

EURJPY today price 136.582, the price success break low and decline formed bearish candle.

Timeframe daily, show the price now below Mc Ginley indicator and MA 12 line indicator, this means downtrend based theory, but for long term signal, not yet triggered because Mc Ginley line still above MA 12 line and not yet crosses the line. RSI level 34 indicates downtrend-based indicator has not yet entered the oversold zone.

Timeframe hourly, Mc Ginley line crosses MA 12 from top to the bottom, this means downtrend signal triggered by indicator rules, however, the market is dynamic, let see what happen later, now based RSI level 32 indicates downtrend not yet enter oversold zone on this timeframe.

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

 

[Polakandil]

EURJPY today price 133.406 based FXOpen trading platform, the price drops sharply yesterday market, it is formed long body candle bearish.

After the price broke the Mc Ginley line and MA 12 line, eventually the price continues to decline on yesterday's market and move in a larger pips distance.

On timeframe daily, candle bearish formed with long body candle with more than 400 pip, and Mc Ginley line crosses MA 12 from top to bottom, means downtrend based indicator confirmed, while RSI level 16 indicates the price in oversold zone level based indicator, beware top reversal pattern.

On the hourly timeframe, the price is still below the Mc Ginley line and the MA 12 line indicates a downtrend, but the candle pattern starting to weak in low volatility price, which means the downtrend losing its momentum and possible consolidation, RSI level 51 tries to change from downtrend to uptrend.

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

EURJPY today price 134.535, the price rebound after drop heavily, however, the price rebound still half of the previous candle, no gap occurs on this Monday morning.

On daily timeframe, now the price below MA 12 and Mc Ginley line trying to cross MA 12 line from top, means downtrend signal appear based both indciator, while RSI level 34, out from oversold zone level, here the indicator slope up possible up in downtrend market.

Hourly timeframe, the price above MA 12 and Mc Ginley line crosses MA 12 from bottom to the top, means uptrend market based this indicator on the timeframe, while RSI level 59 slope down indciates the price in resistance zone and trying to push down.

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

 

[Polakandil]

EURJPY today price 134.618, the price still move in a consolidation phase, there is a possible pullback on the current market trend.

In the daily timeframe, the market formation doesn't much to change, the price below MA 12 and Mc Ginley line, here Mc Ginley still trying to cross MA 12 from the top, while RSI level 35 move in oversold zone level. Yesterday's candle formed a bull's candle with a long wick.

In hourly timeframe, now price below MA 12 and mc Ginley line indicator but Mc Ginley line position still above MA 12 line, means the possibility market choppy movement up and down in small range, although MA 12 slope up, while RSI level 39 slope down indicates downtrend at present time.

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

 

[Polakandil]

EURJPY today price, 136.495, the price move bullish on yesterday market, and success to break MA 12.

EURJPY contone bullish yesterday market after consolidation phase last, the pair fail to retrace and now move even higher and cross MA 12 line.

Daily timeframe, the price above MA 12 and Mc Ginley line indicator means based on indicator the current is an uptrend, while RSI level 57 indicates uptrend too.

Hourly timeframe as short term analysis, price formation is bullish where the price now above MA 12 and Mc Ginley line indicator, position line Mc Ginley above MA 12 line means uptrend on the way based indicator, while RSI level 68 indicates uptrend near overbought zone level.

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

 

[Polakandil]

EURJPY today price 134.203, the price eventually drops again after the previous rise and crosses MA line, this means the market is very volatile and here involved risk and gain.

The daily timeframe now shows the price below MA12 and Mc Ginley indicator, here MA line and Mc Ginley line still raw, the price below MA 12 means downtrend based theory, while RSI level 38 indicates downtrend not yet enter oversold zone level.

Hourly timeframe, position price now change below MA 12 and Mc Ginley indicator, where MA line above Mc Ginley line indicates downtrend based indicator, while RSI level 32, show the level out from oversold zone level with a slope up line indicates current pattern bulls market.

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

 

[Polakandil]

EURJPY today price 135.118, the price bounce to the middle candle, or formed inside bar candle, the price trying to head up but not yet touch MA 12.

Daily timeframe, the price below MA 12 and Mc Ginley line indicator but formed bulls candle yesterday market, if rising to continue possible to crosses MA 12 line again. now based on RSI level 47 indicates a downtrend but the line slope up indicates the uptrend.

Hourly timeframe the price now above MA 12 and Mc Ginley line indicator means uptrend based indicator, while RSI level 62 slope up indicates uptrend still below overbought zone level.

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

 

[Polakandil]

EURJPY today price 135.309 based FXOpen trading platform. The price moved on the previous range market and formed a triangle pattern.

Daily timeframe shows the price still below MA 12 and Mc Ginley indicator means downtrend based indicator, while MA line and Mc Ginley line narrowed, there is possibility change trend market, while RSI level 49 indicates the price in downtrend but RSI line slope up indicates uptrend at present time.

Hourly timeframe, the price now above MA 12 and Mc Ginley indicator means the price trying to push uptrend, however, Asian session market usually has low trading volume, possible temporary movement, RSI level now 70 indicates overbought zone level.

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

 

[Polakandil]

EURJPY today price 136.739, the price success to break high and formed strong bulls market yesterday

Daily timeframe we can see EURJPY price crosses MA 12 and McGinley indicator and now the price above MA line, while MA line below Mc Ginley indicates uptrend based on theory trading indicator, RSI level now 61 indicates uptrend not yet enter overbought zone level.

Hourly timeframe, strong trending market make MAc Ginley line crosses MA line and the price above MA and Mc Ginley line indicator, indicates uptrend based indicator., RSI level 80 now enter the overbought zone level on this timeframe as a warning.

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

 

[Polakandil]

EURJPY today price 136.081, the price retrace and fall after previous day formed new high, these is commonly occurs in the market after large strong trending then faces retracement.

The daily timeframe the price above MA 12 and Mc Ginley indicator still represent bullish market-based theory trading using the indicator, while RSI level 53 with a slope down line indicates in an uptrend there is downtrend pressure.

Hourly timeframe, the price crosses MA 12 and Mc Ginley from top to the bottom, there is downtrend pressure on this timeframe, while RSI level 50 indicates indecision trend, based indicator, still possible to move up or down based RSI mean neutral signal.

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

 

[Polakandil]

EURJPY today price 136.066, the price back to retrace after drops below MA line, now trying tp push up again.

The daily timeframe the price shown above MA 12 line and Mc Ginley line indicator, by means uptrend based indicator, while RSI level 54 indicates uptrend based indicator. previous high act as first resistance at 136.770.

Hourly timeframe, In the last few hours the price moved on hourly ranges of 135.809 and 136.161. Current price 136.094 above MA 12 indicates uptrend at the current time, while uptrend supported by Mc Ginley line above MA 12 line, while RSI level 64 indicates uptrend based indicator.
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Forex, CFDs are complex instruments and come with a high risk of losing
your money

 

[Polakandil]

EURJPY today price 136.397, the price move to reach previous high in a daily range, there are appear triangle pattern.

Daily timeframe, show the price above MA 12 and Mc Ginley line indicator, which means uptrend based indicator, while RSI level 58 indicates the uptrend. however, the price still corrected to the resistance high of 136.670. the next expectation is the price breakout on the level price.

Hourly timeframe, the price above MA 12 and Mc Ginley line indicator, where MA line below Mc Ginley, here Mc Ginley indicator more resp0onsif than MA line, uptrend based indicator, RSI level 68 indicates uptrend near overbought zone level.

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

 

[Polakandil]

EURJPY today price 136.451, there is no gap occurred on this morning, the price looks normal in the low timeframe.

The overall market still moves in a consolidation phase, where there are triangle patterns appear on these trading pairs based on the daily timeframe. if a possible breakout occurs when the price break high on the line.

Daily timeframe, show the price above MA 12 and Mc Ginley indicator means uptrend still on the way based indicator, while RSI level show 58 level indicates uptrend not yet reached overbought zone level.

Short analysis on hourly timeframe, the price above MA 12 and Mc Ginley line indicates uptrend on current time, RSI level 65 indicates uptrend based indicator.

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

 

[Polakandil]

EURJPY today price 137.633, the price eventually break the triangle and formed new high now.

In daily timeframe, the price leaving above MA 12 and Mc Ginley indicator, means the current trend is uptrend based indicator, however, should beware where possible retrace or rebound after price moves strong. RSI level 71 indicates an overbought zone level-based indicator.

Hourly timeframe as short term analysis, McGinley line above and leaving MA 12, the current trend is uptrend based indicator, the price now 137.699 formed bull action candle, trying to push the price even higher, while RSI level 76 indicates overbought zone level based indicator as a warning for a retrace.

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