(VIANEWS) - EUR/JPY (EURJPY) has been up by 1.69% for the last 21 sessions. At 03:08 EST on Monday, 26 February, EUR/JPY (EURJPY) is $162.92.
EUR/JPY's yearly highs and lows, it's 17.309% up from its 52-week low and 0.827% down from its 52-week high.
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 weekly forecast: speculators should prepare for volatility this week - 25 February 2024. According to DailyForex on Sunday, 25 February, "S produces surprisingly strong economic data which shows the economy is not slowing down, the EUR/USD could easily drop below the 1.08000 level and retest depths. ", "Nervous conditions may be seen on Monday and build into Tuesday, but by Wednesday any semblance of calm trading conditions in the EUR/USD will likely erode. "
- Eur/usd loses momentum above the 1.0800 mark amid modest rebound of US dollar. According to FXStreet on Monday, 26 February, "The weaker-than-expected data might weigh on the US Dollar and act as a tailwind for the EUR/USD pair. ", "Traders will take cues from the data and find trading opportunities around the EUR/USD pair."
- Eur/usd price analysis: depreciates to near 1.0820 before the 21-day EMA. According to FXStreet on Monday, 26 February, "A break above this area could lead the EUR/USD pair to retest the previous week's high at 1.0888 followed by the psychological level of 1.0900.", "This lagging indicator suggests a potential transition toward bullish momentum for the EUR/USD pair."
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