EURJPY daily technical analytics

[Polakandil]

EURJPY today price 138.176, the price already formed new high again continue bullish market yesterday.

Daily timeframe we can see the bulls candlestick formed on this week, the price now above MA 12 line indicates uptrend based indicator, while Mc Ginley line above MA 12 line indicates strong uptrend based signal indicator, while RSI level 75 give warning the price in overbought zone level.

Hourly timeframe, short term analysis, there are gap occurs on this timeframe, where the price opens below close price previous candle, now the pattern uptrend, where based MA 12 the price above the line indicates an uptrend, while Mc Ginley line above MA line indicates strong uptrend based signal indicator, while RSI level 72 give warning the price in overbought zone level.

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[Polakandil]

EURJPY today price 138.657, the price even higher and formed new high yesterday.

Daily timeframe show the price above MA 12 and Mc Ginley indcator means uptrend now based indicator, while RSI line 79 indicates the price already on overbought zone level based indicator, candlestick pattern formed bullish.

Hourly timeframe, the price above MA 12 and Mc Ginley line indicator means uptrend based indicator, but distance price and the line still narrow and the previous price itself crinkle the line-up and down, RSI level 67 indicates uptrend not yet reach overbought zone level.

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

EURJPY today price 139.617, the price formed new high as uptrend continuation

Daily timeframe, the price far above MA 12 and Mc Ginley line indicates strong uptrend based indicator, while RSI level 84 indicates the price now already enter overbought zone level based indicator.

Hourly timeframe as short term analysis, the price far above MA 12 and Mc Ginley line indicates uptrend market still dominant based indicator, candlestick pattern indicates bullish market, while RSI level 84 indicates the price now enter overbought zone level based indicator.

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

Monday morning, EURJPY price no gap occurs on the chart, the price even moves higher on last week during NFP news release.

EURJPY today price 140.135, and formed high 140.377, we can see on 5-minute timeframe the trend is flat, opening market volume transaction still low.

Daily timeframe, the price moving away from MA 12 line indicates a strong uptrend occurs, and RSI level 87 indicates the price enters an overbought zone level based indicator.

Hourly timeframe, uptrend still configured based MA 12 where the price above MA line and Mc Ginley line indicator, while RS level 64 indicates uptrend not yet reach overbought zone level.

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

EURJPY today price 142.048, the price formed bullish candle yesterday as trend continuation.

Daily timeframe, uptrend strong rally and far away from MA 12 line indicator and Mc Ginley indicator, although RSI level already enters overbought zone level still there is no reversal signal occurred based candlestick pattern, now RSI level 92.

The hourly timeframe the price now above MA 12 and Mc Ginley indicator is still an uptrend market-based indicator, while RSI level 72 indicates price in overbought zone level based indicator.

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

 

[Polakandil]

EURJPY today price 143.992, the price trying to continue the rise.

Daily timeframe, uptrend strong looks dominated on the market, candle pattern formed big rally and move away from MA 12 line indicator, how possible the price will be? RSI level show 95 indicates price in overbought zone level based RSI, this early warning for possible retracement or reversal.

The hourly timeframe shows the price above MA 12 indicates an uptrend, while RSI level 60 is already out from the overbought zone level. if we draw a trendline on this timeframe, a strong uptrend is still on the way.

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

EURJPY today price 142.729, the price drops after the previous high of 144.171

Key point EURJPY price is possible retracement on uptrend market, where RSI trying to out from overbought zone level.

Daily timeframe, the price still above MA 12 and Mc Ginley indicator indicates uptrend still on the hand based indicator, RSI level now 74 still in overbought zone level after the previous level reach 92.

Hourly timeframe, the price below MA 12 and Mc Ginley indicator indicates downtrend based indicator, however, candle pattern start to weak in a downtrend, RSI level show 43 slope up means in a down market the price trying to head up.

In EURJPY prediction the price will move on the previous trading range as resistance highest formed Wednesday market.144.171

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

 

[Polakandil]

EURJPY today price 141.503, the price drops after reach high 144, the price now near moving average 12, no gap occurs on this morning.

Daily timeframe shows two candles formed bears candle, and now the price still above MA 12 and Mc Ginley indicator, means based two indicator still an uptrend, while RSI level 57, indicates uptrend based indicator.

Hourly timeframe, we can see the price below MA 12 and Mc Ginley line indicator, means based this timeframe and both indicator, EURJPY in a downtrend, but candle pattern now formed reversal pattern, try to cross MA line, RSI level 67 indicates the uptrend.

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

 

[Polakandil]

EURJPY today price 138.786., the price still continue to drop yesterday,

The daily timeframe shows the price now crosses Mc Ginley line but is still above MA 12 line, which means there is seller tension trying to make the price downtrend deeply, RSI level now 41 indicates the price in a downtrend market.

Hourly timeframe, the price below Mc Ginley and MA 12 line indicates downtrend based indicators, RSI level 37 out from overbought zone level.


Forex, CFDs are complex instruments and come with a high risk of losing
your money[/'i]

 

[Polakandil]

EURJPY today price 141.228, the price starts to rise after previous days drops.

EURJPY price discontinues bears trend and formed reversal pattern on the daily timeframe, based moving average 12 now the price above MA line and success to crossing Mc Ginley line indicator indicate uptrend based theory, RSI level 54 indicates uptrend too.

On the hourly timeframe, the current price above MA 12 and Mc Ginley indicator where MA line below Mc Ginley line indicator, here Mc Ginley is more responsive than MA line. while RSI level 79 has already entered in overbought zone level.


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

 

[Polakandil]

EURJPY today price 140.214, the price in consolidation after a sharp decline.

Daily timeframe, show the price now above MA 12 line and below Mc Ginley line indicator, this means based MA still an uptrend, while based McGinley still downtrend, overall market may doubt indecision market, RSI level 46 indicates a downtrend.

The hourly timeframe the price crossing MA and Mc Ginley line from below to the top, means price trying to make reversal pattern from downtrend to uptrend based indicators, while RSI level 71 indicates overbought zone level based RSI indicator.

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

EURJPY today's price is 139.543, the price yesterday drops from the low price of 137.814,

EURJPY key point break the MA line and rebound, we can see long wick has occurred in a daily time frame if we translate condition reflected the declining price then make trigger buyer increase awhile.

The daily timeframe shows the price move above Mc Ginley line but still below MA 12 line indicator, the market still doubts where the direction trend will be formed. RSI level 39 indicates a downtrend.

Hourly timeframe, the price moves above Mc Ginley line and tries to cross MA 12 line, there is buyer pressure on this timeframe, but still, in low trading volume, RSI level 51 indicates an uptrend, but last two candles formed bears candle means there is selling pressure.

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

 

[Polakandil]

EURJPY today price 147.847, the price formed bulls candles already cross MA line.

There is no gap occurs on this morning, the EURJPY price looks normal, now on the daily timeframe, the price above MA 12 and Mc Ginley line indicator, means based theory in an uptrend market, while RSI level now 62 indicates the uptrend.

Hourly timeframe, the price above MA line and Mc Ginley line indicates an uptrend, and RSI level 79 indicates price already enter overbought zone level.

 

[Polakandil]

EURJPY today price 142.047, the price form bulls candle but not yet break previous high.

Daily timeframe show, that the price is still above Mc Ginley and MA 12 line, indicating the uptrend is still on the way, while RSI level 63 also indicates the uptrend has not yet reached the overbought zone level.

Hourly timeframe shows the price now above MA line and Mc Ginley line indicates an uptrend, but still, in low trading volume, RSI level 60 indicates an uptrend, not yet enter overbought zone level.

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

 

[Polakandil]

EURJPY today price 143.584, the price rise sharply formed long body bulls candle.

EURJPY eventually continue to rise after consolidation, the price head up and formed high 143.984. the high price now formed two peaks as resistance zone levels.

Daily timeframe, above MA line and Mc Ginley line indicates an uptrend, while RSI level 68 out from overbought zone level. now.

Hourly timeframe, there are retracements on this timeframe, the price trying to drops and crosses Mc Ginley line move to near MA line. Here MA line not yet crossed by the price and still act as a support zone level.143.282. RSI Level 35 near oversold zone level.

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

 

[Polakandil]

EURJPY today price 143.533 the price move in consolidation.

After hitting a high of 144.236 the EURJPY price pullback to a lower ptice, and yesterday's candle formed long-legged Doji candle, opening price and closing price are very tight, What is mean? the price trying to head up but face rejections at the resistance zone level, but the price drops then faced supply, and make the price rise again.

The daily timeframe the price is still above the MA line and Mc Ginley line indicator as bullish trend based theory, RSI level 68 out from overbought zone level, means possible the prices drops again based indicator.

The hourly timeframe the price crosses the MA line and Mc Ginley line from the top, which means the price trying to push down to a lower price level, while RSI level 30 indicates the price has already entered the oversold zone level, beware of reversal

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

 

[Polakandil]

EURJPY today price 141.855, the price drops yesterday after faced rejection on the high price daily, the price drop sharply and form lower low.

In the daily timeframe, we can see the price now near Mc Ginley indicator means the price trying ro crosses down, but the price is still above MA line, which may act as a dynamic support. RSI level shows 48 levels as a downtrend signal-based indicator.

In the hourly timeframe, we can see the price move below MA and Mc Ginley line indicate a downtrend-based indicator and the RSI level shows 28 levels oversold zone already achieved.

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

 

[Polakandil]

EURJPY today price 142.636 based FXOpen chart trading platform. The price formed a bulls candle and move on the previous trading range.

Daily timeframe, the price above MA 12 and Mc Ginley line indicates uptrend market, RSI level 56 indicates uptrend not yet reached overbought zone level based timeframe. The possible resistance previous high on level price 144.166 as line rejection.

Hourly timeframe shows the price above MA line and Mc Ginley line but tryin to cross down, RSI level 46 indicates downtrend market not yet reach oversold zone level based this timeframe.

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

 

[Polakandil]

EURJPY today price 143.199, the price continues to form bulls candles, but still not yet reach previous high.

EURJPY still moves on trading range market, where the price movement between the upper band and the middle band on the daily timeframe, the price also above MA 14 line as indicates uptrend market on this time. while RSI level shows 60 level indicates uptrend not yet enter overbought zone level.

H1 timeframe, the price trying to cross MA line from the top, but still get rejection on middle band zone level, support level H1 at lower band 142.309 on short term trading, while RSI level shows 59 indicates the uptrend.


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

 

[Polakandil]

EURJPY today price 143,167, the price formed high 143.479 yesterday.

EURJPY price trying to reach upper band level 144.475, but still not yet achieved the price get pressure and make fall to the current price. The overall trend is still a bullish pattern formed based on price action.

The daily timeframe the price traded on trading range daily with support zone level 141.137 and resistance zone level 144.316, the price now above MA 14 line indicates an uptrend and MA line above middle band line indicates uptrend strong. RSI level 60 indicates the uptrend.

H1 timeframe the price now below MA 14 and middle band line indicates downtrend at this timeframe, the price trying to reach lower band line 142.950, but not yet achieved. RSI level 46 indicates a downtrend.


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