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EUR/JPY Bearish By 4% In The Last 21 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 4.03% for the last 21 sessions. At 22:06 EST on Thursday, 12 September, EUR/JPY (EURJPY) is $156.44.

EUR/JPY’s yearly highs and lows, it’s 5.85% up from its 52-week low and 10.818% 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).

Previous days news about EUR/JPY (EURJPY)

  • 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. "
  • Eur/jpy trims a part of intraday gains, up a little around 157.00 ahead of ECB decision. According to FXStreet on Thursday, 12 September, "Hence, it will be prudent to wait for strong follow-through buying before confirming that the EUR/JPY cross has bottomed out.", "This, along with a generally positive tone around the equity markets, dents demand for the safe-haven JPY and lends support to the EUR/JPY cross."

More news about EUR/JPY (EURJPY).

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