24 Mar 2014
EUR/JPY flat on the day
FXStreet (Barcelona) - Following a respective high and low at 141.92 and 140.89 , EUR/JPY is currently trading at 141.07, down 0.00% on the day.
How strong has the EUR/JPY move been?
According to hourly FXStreet proprietary tools the OB/OS Index and Trend Index, the pair is neutral and slighty bearish respectively. Currently RSI is at 37.82, down from the last hourly print at 47.46, with ADX at 31.91, up from its previous close at 17.85. Meanwhile, daily RSI is in neutral territory at 49.69.
Looking to momentum indicators, the hourly 200 SMA is currently at 141.16, down from the last close at 141.59 and declining. Moving with a rangebound trend, the exponential average closing price is 141.26.
How volatile has EUR/JPY been?
2-Standard Deviation Volatility Bandwidth is presently at 7,600 pips and shrinking on the hourly EUR/JPY chart, while the ATR (14) is currently at 1,547 pips. On a daily chart, 2-Standard Deviation Volatility Bandwidth is shrinking at 45,589 pips.
The average movement for the current hour has been for 1,547 pips per hour, over the last four weeks. Meanwhile, 13:00-14:00 GMT represents peak for volatility, with an average movement of 34 pips over the same period.
What EUR/JPY price levels and patterns should be considered?
Today's central pivot point can be found at 140.95, with support below at 140.57, 140.06 and 139.68, with resistance above at 141.46, 141.84, and 142.36.
How strong has the EUR/JPY move been?
According to hourly FXStreet proprietary tools the OB/OS Index and Trend Index, the pair is neutral and slighty bearish respectively. Currently RSI is at 37.82, down from the last hourly print at 47.46, with ADX at 31.91, up from its previous close at 17.85. Meanwhile, daily RSI is in neutral territory at 49.69.
Looking to momentum indicators, the hourly 200 SMA is currently at 141.16, down from the last close at 141.59 and declining. Moving with a rangebound trend, the exponential average closing price is 141.26.
How volatile has EUR/JPY been?
2-Standard Deviation Volatility Bandwidth is presently at 7,600 pips and shrinking on the hourly EUR/JPY chart, while the ATR (14) is currently at 1,547 pips. On a daily chart, 2-Standard Deviation Volatility Bandwidth is shrinking at 45,589 pips.
The average movement for the current hour has been for 1,547 pips per hour, over the last four weeks. Meanwhile, 13:00-14:00 GMT represents peak for volatility, with an average movement of 34 pips over the same period.
What EUR/JPY price levels and patterns should be considered?
Today's central pivot point can be found at 140.95, with support below at 140.57, 140.06 and 139.68, with resistance above at 141.46, 141.84, and 142.36.