USD/JPY Bullish Momentum: 0.98% Up In The Last 10 Sessions

(VIANEWS) – USD/JPY (USDJPY) has been up by 0.98% for the last 10 sessions. At 05:06 EST on Thursday, 16 May, USD/JPY (USDJPY) is $154.72.

USD/JPY’s yearly highs and lows, it’s 12.68% up from its 52-week low and 3.275% down from its 52-week high.

Volatility

USD/JPY’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.12%, a negative 0.01%, and a positive 0.35%, respectively.

USD/JPY’s highest amplitude of average volatility was 0.37% (last week), 0.50% (last month), and 0.35% (last quarter), respectively.

Forex Price Classification

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

Previous days news about USD/JPY (USDJPY)

  • Usd/jpy extends the rally above 156.00, eyes on US PPI data. According to FXStreet on Tuesday, 14 May, "The USD/JPY pair extends the rally around 156.20 during the early Asian trading hours on Tuesday. ", "Thestrongerreading might lift the JPY and cap the upside of the USD/JPY pair in the near term."
  • Usd/jpy price analysis: climbs above 156.00 as bulls target 157.00. According to FXStreet on Tuesday, 14 May, "The USD/JPY climbed during the North American session after inflation data in the United States (US) showed that prices on the producer side edged higher than expected. ", "The USD/JPY extended its gains for the sixth consecutive trading day, reigniting fears that Japanese authorities could intervene in the Forex markets. "
  • Usd/jpy slips back to 155.00 as greenback weakens following soft US CPI inflation. According to FXStreet on Wednesday, 15 May, "Despite the near-term decline sparked by a relief rally in the Yen, USD/JPY is still trading on the high side of a recent swing low into 152.00 after the pair fell from multi-decade highs above 160.00."

More news about USD/JPY (USDJPY).

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