Headlines

EUR/JPY Bullish Momentum With A 3% Jump In The Last 21 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 3.83% for the last 21 sessions. At 06:08 EST on Wednesday, 3 May, EUR/JPY (EURJPY) is $149.74.

EUR/JPY’s yearly highs and lows, it’s 12.799% up from its 52-week low and 0.435% down from its 52-week high.

Volatility

EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 1.28%, 0.39%, and 0.60%, respectively.

EUR/JPY’s highest amplitude of average volatility was 1.28% (last week), 0.60% (last month), and 0.60% (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 oversold (<=20).

Previous days news about EUR/JPY (EURJPY)

  • Eur/jpy advances to fresh high since September 2008 as boj concerns drown yen, focus on ECB. According to FXStreet on Monday, 1 May, "Unless dropping back below the October 2022 high of 148.40, the EUR/JPY pair appears well-set to challenge the September 2008 peak of near 156.85.", "Moving on, EUR/JPY pair traders should keep their eyes on the risk catalysts and the BoJ headlines amid holidays in Europe. "
  • Eur/jpy advances to fresh high since September 2008 as boj concerns drown yen, focus on ECB. According to FXStreet on Monday, 1 May, "Hopes of continued easing on the part of the Bank of Japan (BoJ) join downbeat US Treasury bond yields and the US government’s efforts to tame the banking crisis to favor the EUR/JPY pair’s latest run-up.", "Unless dropping back below the October 2022 high of 148.40, the EUR/JPY pair appears well-set to challenge the September 2008 peak of near 156.85."
  • Eur/jpy continues to rally on ECB and boj central bank divergence. According to FXStreet on Monday, 1 May, "The EUR/JPY remains rallying sharply to multi-year highs at 150.94, sponsored by central bank divergence, with the European Central Bank (ECB) expected to raise rates, while the Bank of Japan’s (BoJ) kept its policy unchanged. ", "At the time of writing, the EUR/JPY is trading at 150.93 after hitting a low of 150.02."

More news about EUR/JPY (EURJPY).

Leave a Reply

Your email address will not be published. Required fields are marked *