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EUR/JPY Over 2% Down In The Last 10 Sessions

ViaNews Editorial Team

December 5, 2023

EUR/JPY Over 2% Down In The Last 10 Sessions

(VIANEWS) - EUR/JPY (EURJPY) has been up by 2.47% for the last 10 sessions. At 00:10 EST on Tuesday, 5 December, EUR/JPY (EURJPY) is $159.49.

EUR/JPY's yearly highs and lows, it's 16.076% up from its 52-week low and 2.913% 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 0.38%, a positive 0.05%, and a positive 0.33%, respectively.

EUR/JPY's highest amplitude of average volatility was 0.38% (last week), 0.35% (last month), and 0.33% (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 analysis: breaking the 1.08 support ends the rise. - 04 December 2023. According to DailyForex on Monday, 4 December, "Obviously, this repricing is reflected in the EUR/USD exchange rate falling to 1.09, half a percent lower than it started on Thursday. ", "The exchange rate of the EUR/USD has declined across the ascending trend line and is now on its way to testing the psychological support of 1.0800. "
  • According to FXStreet on Monday, 4 December, "The Euro (EUR) remains under selling pressure against the US Dollar (USD) on Monday, motivating EUR/USD to revisit the mid-1.0800s at the beginning of a new trading week.", "If the EUR/USD continues to experience further losses, it could potentially face the mentioned200-day SMAas an initial point of support. "
  • Eur/usd holds below 1.0900, focus on German trade balance, ecb’s lagarde speech. According to FXStreet on Monday, 4 December, "The EUR/USD pair snaps its three-day losing streak during the early Asian trading hours on Monday. "
  • Eur/usd price analysis: loses ground below 1.0900, further downside cannot be ruled out. According to FXStreet on Monday, 4 December, " According to the four-hour chart, the bullish outlook of EUR/USD looks vulnerable as the major pair hovers around the key 100-hour Exponential Moving Averages (EMA). "

More news about EUR/JPY (EURJPY).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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