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EUR/JPY Bearish By 1% In The Last 10 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 1.14% for the last 10 sessions. At 17:09 EST on Monday, 13 March, EUR/JPY (EURJPY) is $142.96.

EUR/JPY’s yearly highs and lows, it’s 11.404% up from its 52-week low and 3.638% down from its 52-week high.

Volatility

EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.02%, a positive 0.09%, and a positive 0.58%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.39% (last week), 0.50% (last month), and 0.58% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EUR/JPY’s Forex is considered to be overbought (>=80).

News about

  • Eur/usd bulls cheer svb-led risk-on mood, easing hawkish fed bets to cross 1.0700, US inflation, ECB eyed. According to FXStreet on Monday, 13 March, "That said, the ECB is likely to announce a 0.50% rate hike and can join the latest risk-on mood to propel the EUR/USD price. ", "The EUR/USD pair’s higher highs on price fail to gain support from the Relative Strength Index (RSI) 14 as it forms a lower high, which in turn suggests a lack of enough bullish momentum to cross the immediate key hurdle, namely the 200-SMA level surrounding 1.0710."
  • Eur/usd climbs on high inflation data in Germany, as the USD sinks post US NFP. According to FXStreet on Saturday, 11 March, "The EUR/USD rose 0.45% late in the New York session in a volatile trading day, with Wall Street set to register substantial losses blamed on a US bank collapse. "
  • Eur/usd price analysis: bulls attack 200-sma as ECB week begins with risk-on mood. According to FXStreet on Monday, 13 March, "Even if the EUR/USD manages to surpass the 1.0710 resistance, the 50% Fibonacci retracement level of its early February-March downside, near 1.0780, will precede the mid-February swing high near 1.0810 to challenge the bulls.", "On the flip side, EUR/USD pullback remains elusive unless the quote stays beyond the 100-SMA support of 1.0620. "

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