EUR/JPY Over 3% Down In The Last 21 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 3.42% for the last 21 sessions. At 18:09 EST on Thursday, 28 December, EUR/JPY (EURJPY) is $156.29.

EUR/JPY’s yearly highs and lows, it’s 13.742% up from its 52-week low and 4.865% 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 positive 0.05%, a negative 0.16%, and a positive 0.43%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.30% (last week), 0.58% (last month), and 0.43% (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 oversold (<=20).

News about

  • According to FXStreet on Thursday, 28 December, "At the time of writing, the USD/JPY pair is trading around 141.29, down 0.38% on the day."
  • Usd/jpy drops through 142.00 as US dollar sells off. According to FXStreet on Wednesday, 27 December, "The USD/JPY fell nine-tenths of a percent on Wednesday as the market leans into bets that the Federal Reserve (Fed) will get pushed into a faster pace of rate cuts in 2024, with some investors expecting rate cuts to begin as soon as next March.", "The USD/JPY has slipped through recent consolidation after a rejection from the 200-hour Simple Moving Average (SMA) near 142.70, tumbling through the 142.00 handle and testing fresh weekly lows near 141.60."
  • Usd/jpy analysis: dollar still under pressure – 26 December 2023. According to DailyForex on Tuesday, 26 December, "Recently, USD/JPY is stabilizing around the level of 142.40 at the time of writing the analysis and during the annual holiday week.", "As a result, the USD/JPY tumbled towards the support level of 140.95, the lowest for the pair in five months. "
  • Usd/jpy faces pressure near 143.00 as fed’s rate cut bets soar. According to FXStreet on Wednesday, 27 December, "The USD/JPY pair delivered a pullback move after discovering moderate buying interest near 142.00. "

More news about EUR/JPY (EURJPY).

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