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

(VIANEWS) – EUR/JPY (EURJPY) has been up by 1.5% for the last 10 sessions. At 18:08 EST on Thursday, 30 November, EUR/JPY (EURJPY) is $161.67.

EUR/JPY’s yearly highs and lows, it’s 17.656% up from its 52-week low and 1.592% 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 0.14%, a positive 0.10%, and a positive 0.34%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.42% (last week), 0.38% (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 overbought (>=80).

News about

  • According to FXStreet on Wednesday, 29 November, "That said, a sustained strength beyond might trigger a short-covering rally and allow the USD/JPY pair to reclaim the 148.00 round figure. ", "Apart from this, a positive risk tone, which tends to undermine the safe-haven JPY, assists the USD/JPY pair to rebound over 50 pips from the Asian session trough, around 146.65 region, or its lowest level since September 12."
  • Usd/jpy trading into 147.00 ahead of Japan retail trade, China pmis loom over asia markets. According to FXStreet on Wednesday, 29 November, "The USD/JPY drifted lower in the back half of Wednesday’s trading session after hitting an intraday peak just above 147.80. "
  • Usd/jpy trying to stop the slide after three days of declines, sees 147.00 on Wednesday. According to FXStreet on Wednesday, 29 November, "The USD/JPY is pulling back towards the day’s early bids near 147.50 as the US Dollar gets a choppy boost from better-than-expected US Gross Domestic Product (GDP) growth figures and a hawkish appearance from Federal Reserve (Fed) officials to balance out Tuesday’s hawkish Fedpeak.", "The USD/JPY is seeing a light rebound after dipping below 147.00 in Wednesday’s trading session, but upside momentum remains limited and it’s getting difficult to ignore the fact that the US Dollar is down nearly 3.5% from multi-year peaks set in November just below the 152.00 major handle."
  • Usd/jpy dips below 147.40 as greenback gets punched lower by broad-market risk bid. According to FXStreet on Tuesday, 28 November, "The early week’s near-term swing high into the 149.70 area sees the 50-day SMA now acting as technical resistance for immediate moves higher, and further downside will see the USD/JPY slipping into the chart territory below 147.00.", "The USD/JPY remains firmly well-bid in the long-term, trading under 3% back from the year’s highs near 152.00, and the pair is still up almost 14% from 2023’s lows near 127.20."
  • According to FXStreet on Tuesday, 28 November, "The USD/JPY pair might then accelerate the fall towards the 146.00 mark en route to the next relevant support near the 145.50 zone.", "This, along with speeches by influential FOMC members, will drive the USD demand and provide some impetus to the USD/JPY pair later during the North American session."

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