(VIANEWS) – EUR/JPY (EURJPY) has been up by 3.28% for the last 10 sessions. At 19:06 EST on Thursday, 26 September, EUR/JPY (EURJPY) is $162.00.
Eur/jpy clings to gains above mid-161.00s, over three-week top amid modest JPY weakness
The EUR/JPY cross gains positive traction for the third successive day and climbs to a three-and-half-week top during the first half of the European session on Thursday. , The upside for the EUR/JPY cross, however, remains capped amid a modest pullback slide in the shared currency.
EUR/JPY’s yearly highs and lows, it’s 9.611% up from its 52-week low and 7.649% 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 0.30%, a negative 0.02%, and a positive 0.49%, respectively.
EUR/JPY’s highest amplitude of average volatility was 0.60% (last week), 0.48% (last month), and 0.49% (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 price forecast: edges higher to mid-160.00s, remains confined in weekly range. According to FXStreet on Wednesday, 25 September, "A convincing break below the latter will suggest that the recent upward trajectory has run out of steam and drag the EUR/JPY cross further towards the 158.20 area. ", "Apart from this, the prevalent risk-on environment undermines the safe-haven Japanese Yen (JPY) and acts as a tailwind for the EUR/JPY cross. "
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