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

ViaNews Editorial Team

September 12, 2024

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

(VIANEWS) - EUR/JPY (EURJPY) has been up by 3.98% for the last 21 sessions. At 20:09 EST on Wednesday, 11 September, EUR/JPY (EURJPY) is $157.21.

EUR/JPY's yearly highs and lows, it's 6.376% up from its 52-week low and 10.375% 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 0.53%, a negative 0.15%, and a positive 0.46%, respectively.

EUR/JPY's highest amplitude of average volatility was 0.64% (last week), 0.50% (last month), and 0.46% (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).

Previous days news about EUR/JPY (EURJPY)

  • Eur/jpy clings to intraday gains, struggles to capitalize on move beyond mid-158.00s. According to FXStreet on Tuesday, 10 September, "This makes it prudent to wait for strong follow-through buying before confirming that the EUR/JPY cross has bottomed out and positioning for further gains.", "This, along with a stable performance around the equity markets, is seen undermining the Japanese Yen (JPY) and lending some support to the EUR/JPY cross higher. "
  • Eur/jpy struggles near mid-158.00s, over one-month low amid notable JPY strength. According to FXStreet on Wednesday, 11 September, "This, however, does little to lend any support to the EUR/JPY cross, suggesting that the near-term bias remains tilted firmly in favor of bearish traders.", "The EUR/JPY cross attracts sellers for the second successive day on Wednesday and drops to the 158.20 area, or its lowest level since August 5 during the Asian session. "

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.