EUR/JPY Is 1% Down In The Last 10 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 1.86% for the last 10 sessions. At 08:24 EST on Sunday, 14 May, EUR/JPY (EURJPY) is $147.29.

EUR/JPY’s yearly highs and lows, it’s 10.402% up from its 52-week low and 2.833% 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 0.17%, a positive 0.34%, and a positive 0.58%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.42% (last week), 0.61% (last month), and 0.58% (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).

News about

  • Eur/usd price analysis: euro bears struggle to justify 1.0970 support break. According to FXStreet on Friday, 12 May, "Alternatively, the EUR/USD pair’s corrective bounce remains elusive unless the quote stays below the 1.0970 support-turned-resistance.", "In addition to the downside break of convergence of the 21-day Exponential Moving Average (EMA) and the bottom line of a one-month-old bullish channel, around 1.0970, the EUR/USD sellers also cheer bearish MACD signals to renew the monthly low on Thursday."
  • Eur/usd pares weekly loss above 1.0900 amid US debt ceiling woes ahead of inflation cues. According to FXStreet on Friday, 12 May, "Should the scheduled inflation clues and central bank comments manage to convince markets of the ECB’s comparatively more hawkish policy bias than the Fed, the EUR/USD may witness further upside. ", "Despite the latest corrective bounce, the EUR/USD pair remains well below the 1.0970 resistance confluence comprising the 21-day Exponential Moving Average (EMA) and the bottom line of a one-month-old bullish channel. "
  • Eur/usd forecast: continues to consolidate but has a negative Thursday – 12 May 2023. According to DailyForex on Friday, 12 May, "Volatility in Forex pairs has diminished, and the EUR/USD pair is expected to serve as a reliable gauge for overall movement in the Forex markets. "
  • Eur/usd prints fresh one-month lows near 1.0850. According to FXStreet on Friday, 12 May, "The EUR/USD is falling on Friday, the fourth time in the last five days, extending its weekly losses. "

More news about EUR/JPY (EURJPY).

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