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22 May 2014
EUR/JPY up 0.03% on the day
FXStreet (London) - Currently, EUR/JPY is trading at 138.77, up 0.03% on the day, having posted a daily high at 139.16 and low at 138.64.
EUR/JPY Technicals
The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish. At the time of writing, RSI is neutral at 42.62, down from 51.72 at the last hour close, while ADX is ranging at 18.58, up from 12.58 previous. Meanwhile, daily RSI is in neutral territory at 28.13.
On the hourly EUR/JPY chart, the 200 SMA is declining and currently at 138.72, down from the previous hour close at 139.44. On average, the exponential closing price for the past 20 days is 140.24, with the trend indicating a continuation lower ahead.
Hourly 2-Standard Deviation Volatility Bandwidth is currently 78 pips, and has been shrinking, while the ATR (14) is currently 14 pips. Daily 2-Standard Deviation Volatility Bandwidth is at 462 pips and expanding.
The average movement for the current hour has been for 14 pips per hour, over the last four weeks. Meanwhile, 13:00-14:00 GMT represents peak for volatility, with an average movement of 23 pips over the same period.
EUR/JPY Levels
With spot trading at 138.78, we can see next resistance ahead at 138.79 (Hourly 20 EMA), 138.90 (Hourly 100 SMA), 138.96 (Yesterday's
High), 139.08 (Daily Classic R1) and 139.16 (Daily High). Support below can be found at 138.75 (Daily Open), 138.73 (Monthly Low), 138.73 (Weekly Low), 138.64 (Daily Low) and 138.61 (Daily Classic PP).
EUR/JPY Technicals
The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish. At the time of writing, RSI is neutral at 42.62, down from 51.72 at the last hour close, while ADX is ranging at 18.58, up from 12.58 previous. Meanwhile, daily RSI is in neutral territory at 28.13.
On the hourly EUR/JPY chart, the 200 SMA is declining and currently at 138.72, down from the previous hour close at 139.44. On average, the exponential closing price for the past 20 days is 140.24, with the trend indicating a continuation lower ahead.
Hourly 2-Standard Deviation Volatility Bandwidth is currently 78 pips, and has been shrinking, while the ATR (14) is currently 14 pips. Daily 2-Standard Deviation Volatility Bandwidth is at 462 pips and expanding.
The average movement for the current hour has been for 14 pips per hour, over the last four weeks. Meanwhile, 13:00-14:00 GMT represents peak for volatility, with an average movement of 23 pips over the same period.
EUR/JPY Levels
With spot trading at 138.78, we can see next resistance ahead at 138.79 (Hourly 20 EMA), 138.90 (Hourly 100 SMA), 138.96 (Yesterday's
High), 139.08 (Daily Classic R1) and 139.16 (Daily High). Support below can be found at 138.75 (Daily Open), 138.73 (Monthly Low), 138.73 (Weekly Low), 138.64 (Daily Low) and 138.61 (Daily Classic PP).