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EUR/JPY Drops By 2% In The Last 10 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 2.36% for the last 10 sessions. At 10:13 EST on Wednesday, 12 July, EUR/JPY (EURJPY) is $153.92.

EUR/JPY’s yearly highs and lows, it’s 15.368% up from its 52-week low and 2.579% 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 0.42%, a positive 0.15%, and a positive 0.46%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.42% (last week), 0.42% (last month), and 0.46% (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 faces pressure around 156.50 despite ECB preparing for more interest rate hikes. According to FXStreet on Monday, 10 July, "The EUR/JPY pair is maintaining an auction above the crucial resistance of 156.00 in the early European session. "
  • Eur/jpy price analysis: Japanese yields continue to boost the JPY. According to FXStreet on Monday, 10 July, "At the start of the week, the EUR/JPY trades with losses for a fifth consecutive day, retreating to the 155.45 area. "
  • Eur/jpy price analysis: justifies 21-dma breakdown to refresh multi-day low under 155.00. According to FXStreet on Tuesday, 11 July, "If at all the quote remains bearish past 152.00, Mays high near 151.60 and the 150.00 psychological magnet will entertain the EUR/JPY bears before directing them to the 100-DMA support of around 148.40.", "Meanwhile, a daily closing beyond the 21-DMA, around 155.85 at the latest, could recall the short-term buyers of the EUR/JPY pair."
  • Eur/jpy price analysis: bears take command and threaten the 154.00 zone. According to FXStreet on Tuesday, 11 July, "In Tuesday’s session, the EUR/JPY cross continued its downward path as the Yen strengthened agains its major rivals. "

More news about EUR/JPY (EURJPY).

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