(VIANEWS) – EUR/JPY (EURJPY) has been up by 2.56% for the last 21 sessions. At 21:10 EST on Thursday, 11 July, EUR/JPY (EURJPY) is $173.06.
EUR/JPY’s yearly highs and lows, it’s 17.1% up from its 52-week low and 1.174% 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 0.36%, respectively.
EUR/JPY’s highest amplitude of average volatility was 0.39% (last week), 0.29% (last month), and 0.36% (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 follows the rest of the market higher after US CPI inflation chills. According to FXStreet on Thursday, 11 July, "Despite a firm push into topside territory, the Fiber remains hampered by a rough descending channel, and daily candlesticks are poised for a bearish turnaround as EUR/USD waffles just beneath 1.0900."
- Eur/usd price analysis: descending trend line resistance to cap gains ahead of US CPI. According to FXStreet on Thursday, 11 July, "Heading into the key data risk, growing acceptance that the Federal Reserve (Fed) will start cutting interest rates in September keeps the US Dollar (USD) bulls on the defensive and continues to lend some support to the EUR/USD pair. ", "The EUR/USD pair attracts buyers for the second successive day on Thursday and moves back closer to a nearly four-week high touched on Monday. "
- According to FXStreet on Thursday, 11 July, "The Euro (EUR) is enjoying some "silence" on French politics, which is making investors comfortable so far with EUR/USD drifting slightly higher from the 1.0800-1.0830 anchor, ING’s FX strategist Francesco Pesole notes.", "As discussed above, the US Dollar may soften today and EUR/USD could eye 1.0900. "
- According to FXStreet on Thursday, 11 July, "Eren Sengezer, European Session Lead Analyst at FXStreet, offers a brief technical outlook for EUR/USD and explains: "EUR/USD holds above the 100-day and the 200-day Simple Moving Averages (SMA) following the pullback seen earlier in the week, reflecting sellers’ hesitancy. ", "In this case, investors could price in a widening policy gap between the European Central Bank (ECB) and the Fed, opening the door for a sharp decline in EUR/USD in the near term."
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