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EUR/JPY Bullish Momentum With A 2% Rise In The Last 21 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 2.79% for the last 21 sessions. At 15:11 EST on Sunday, 7 July, EUR/JPY (EURJPY) is $174.21.

EUR/JPY’s yearly highs and lows, it’s 17.876% up from its 52-week low and 0.155% down from its 52-week high.

Volatility

EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.24%, 0.13%, and 0.34%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.25% (last week), 0.24% (last month), and 0.34% (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).

News about

  • Eur/usd price analysis: moves above 1.0800; next barrier at upper boundary of the channel. According to FXStreet on Friday, 5 July, "The EUR/USD pair may encounter resistance at the upper boundary of the ascending channel around the level of 1.0870, followed by the psychological level of 1.0900. ", "A break below the latter could exert downward pressure on the EUR/USD pair to navigate the region around the key level of 1.0670, which could act as a throwback support."
  • According to FXStreet on Friday, 5 July, "The return of the doves smashed the US Dollar across the board alongside the US Treasury bond yields, driving the EUR/USD pair briefly above the 1.0800 threshold. ", "The next topside barriers for EUR/USD will then be seen at the June 12 high of 1.0852 and the 1.0900 round figure. "

More news about EUR/JPY (EURJPY).

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