(VIANEWS) – EUR/JPY (EURJPY) has been up by 3.66% for the last 21 sessions. At 22:11 EST on Sunday, 24 December, EUR/JPY (EURJPY) is $156.77.
EUR/JPY’s yearly highs and lows, it’s 14.093% up from its 52-week low and 4.571% down from its 52-week high.
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- According to FXStreet on Friday, 22 December, "Moreover, oscillators on the daily chart are holding deep in the negative territory, suggesting that the path of least resistance for the USD/JPY pair is to the downside. ", "This, in turn, warrants some caution before placing aggressive bullish bets around the USD/JPY pair as traders now look to the US Core Personal Consumption Expenditure (PCE) Price Index for a fresh impetus. "
- Usd/jpy forecast: struggle against yen – 22 December 2023. According to DailyForex on Friday, 22 December, "The USD/JPY experienced a significant drop during Thursday’s trading session, primarily driven by the continuous decline in interest rates within the United States. "
- Usd/jpy rebounds into new Friday high, aimed for 143.00. According to FXStreet on Friday, 22 December, "The USD/JPY set a new high for Friday at 142.66, stopping just short of the 50-hour Simple Moving Average (SMA) as the pair gets hung up on near-term resistance levels.", "The pair remains constrained at the 200-day SMA rising into the 143.00 handle, and the USD/JPY is down over six percent from November’s peak bids near 151.90."
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