EUR/JPY Over 2% Up In The Last 21 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 2.19% for the last 21 sessions. At 19:10 EST on Tuesday, 11 April, EUR/JPY (EURJPY) is $145.87.

EUR/JPY’s yearly highs and lows, it’s 9.883% up from its 52-week low and 1.682% 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

  • Usd/jpy flirts with daily low, around 133.00 mark amid notable USD supply. According to FXStreet on Tuesday, 11 April, "The USD/JPY pair comes under some selling pressure on Tuesday and erodes a part of the previous day’s strong gains to the 133.85 region, or its highest level since mid-March. ", "Apart from this, the Bank of Japan’s (BoJ) dovish near-term outlook, along with a generally positive tone around the equity markets, could undermine the safe-haven Japanese Yen (JPY) and help limit losses for the USD/JPY pair. "
  • Usd/jpy signal: USD looks for higher levels against the yen – 11 April 2023. According to DailyForex on Tuesday, 11 April, "Potential USD/JPY SignalOn a slight pullback, I will be looking to buy the USD/JPY pair.132 would be an interesting place to find value."
  • Usd/jpy drives to 132.50 as US employment data supports more rate hikes from fed. According to FXStreet on Monday, 10 April, "The USD/JPY pair has extended its recovery after a nominal correction to 132.50 in the Asian session amid hopes of further escalation in interest rates by the Federal Reserve (Fed). "
  • Usd/jpy jumps closer to 100 DMA barrier near mid-133.00s amid broad-based USD strength. According to FXStreet on Monday, 10 April, "This, in turn, continues to push the USD higher, which, along with dovish-sounding remarks by the new Bank of Japan (BoJ) Governor Kazuo Ueda, prompt aggressive short-covering around the USD/JPY pair.", "This will play a key role in influencing the near-term USD price dynamics and help determine the next leg of a directional move for the USD/JPY pair."
  • According to FXStreet on Tuesday, 11 April, "Meanwhile, USD/JPY is feeling the pull of gravity, as it drops below 133.50, down 0.16% on the day."

More news about EUR/JPY (EURJPY).

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