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EUR/JPY Went Down By Over 1% In The Last 10 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 1.28% for the last 10 sessions. At 13:13 EST on Thursday, 23 March, EUR/JPY (EURJPY) is $142.51.

Eur/jpy corrects to near 142.50 ahead of Japan’s inflation

The EUR/JPY pair has extended its correction to near 142.50 in the early Tokyo session.

EUR/JPY’s yearly highs and lows, it’s 7.35% up from its 52-week low and 3.948% 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 positive 0.04%, a negative 0.06%, and a positive 0.54%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.37% (last week), 0.57% (last month), and 0.54% (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).

Previous days news about EUR/JPY (EURJPY)

  • Eur/jpy price analysis: bears eye another battle with key support line below 141.00. According to FXStreet on Tuesday, 21 March, "Meanwhile, the 200-EMA and 38.2% Fibonacci retracement could challenge the EUR/JPY pair’s recovery moves around 141.00 and 142.40.", "In a case where the EUR/JPY remains bearish past the key Fibonacci retracement level, also known as the golden ratio, the sellers won’t hesitate to aim for August 2022 low surrounding 133.40."
  • Eur/jpy price analysis: more upside on cards as eurozone inflation to remain healthy. According to FXStreet on Wednesday, 22 March, "The EUR/JPY pair is displaying topsy-turvy moves in a narrow range around 142.55 in the early Tokyo session. "

More news about EUR/JPY (EURJPY).

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