EUR/JPY Is 4% Down In The Last 21 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 4.36% for the last 21 sessions. At 15:08 EST on Sunday, 15 September, EUR/JPY (EURJPY) is $155.90.

EUR/JPY’s yearly highs and lows, it’s 5.485% up from its 52-week low and 11.126% 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 0.44%, a negative 0.14%, and a positive 0.45%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.48% (last week), 0.48% (last month), and 0.45% (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

  • Usd/jpy slides below mid-141.00s, seems vulnerable near YTD low amid bearish USD. According to FXStreet on Friday, 13 September, "This will be followed by the BoJ policy update on Friday, which will determine the next leg of a directional move for the USD/JPY pair. ", "This marks a big divergence in comparison to dovish Fed expectations, which, in turn, prompts further unwinding of the Japanese Yen (JPY) carry trades and contributes to the offered tone surrounding the USD/JPY pair."
  • Usd/jpy recovers a few pips after refreshing YTD low, remains heavily offered below 141.00. According to FXStreet on Friday, 13 September, "This, in turn, reaffirms bets that the Japanese central bank will announce another interest rate hike by the end of this year, which might continue to drive flows towards the JPY and support prospects for a further depreciating move for the USD/JPY pair.", "The USD/JPY pair drops to a fresh YTD trough during the first half of the European session on Friday, albeit manages to recover a few pips in the last hour. "
  • Usd/jpy: will 140 give way? – OCBC. According to FXStreet on Friday, 13 September, "Fed-BoJ policy shifts and growing pace of normalisation can bring about faster narrowing of UST-JGB yield differentials and this should continue to underpin the broader direction of travel for USD/JPY to the downside."
  • Usd/jpy price forecast: makes lower lows as trend turns more bearish. According to FXStreet on Friday, 13 September, "If USD/JPY can make a daily close below the 140.25 December 2023 low, it would provide even more confirmatory evidence of a long-term trend reversal. "

More news about EUR/JPY (EURJPY).

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