EURJPY Technical Analysis ? 22 Aug, 2026EURJPY ? At the FXOpen chart, EURJPY on the M5 timeframe demonstrates balanced consolidation between the 185.85 peak and the 185.20 low
EURJPY ? High: 185.85 | Low: 185.20 ? Date 22 Aug 2026At the FXOpen chart, EURJPY on the M5 timeframe demonstrates balanced consolidation between the 185.85 peak and the 185.20 low. The market is coiling into a horizontal channel following previous session volatility, with buyers defending dips near the 185.40 psychological pivot. Fast moving averages are converging, pointing to potential range expansion once session volume returns. The RSI remains range-bound between 48 and 54. A bullish surge through 185.85 targets the 186.20 resistance barrier, while an M5 breakdown below 185.20 leaves the structure vulnerable to a deeper correction toward 184.60.
#fxopen #forex #forexanalysisDisclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.EURUSD Technical Analysis ? 22 Aug, 2026EURUSD ? At the FXOpen chart, the EURUSD 5-minute chart reflects steady holding action following a session high of 1.1700 and a floor of 1.1670
EURUSD ? High: 1.1700 | Low: 1.1670 ? Date 22 Aug 2026At the FXOpen chart, the EURUSD 5-minute chart reflects steady holding action following a session high of 1.1700 and a floor of 1.1670. Price action trades in a controlled consolidation block, respecting dynamic support at the 50-period EMA near 1.1685. The order flow indicates gradual liquidity absorption on minor dips without aggressive liquidation. Momentum oscillators are resetting from overbought conditions while preserving the larger bullish structure. A bullish breakout above 1.1700 unlocks upside continuation toward 1.1730, whereas losing the 1.1670 support zone invites an intraday retracement toward 1.1635.
#fxopen #forex #forexanalysisDisclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.
