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EUR/JPY Bearish By 6% In The Last 21 Sessions

ViaNews Editorial Team

August 14, 2024

EUR/JPY Bearish By 6% In The Last 21 Sessions

(VIANEWS) - EUR/JPY (EURJPY) has been up by 6.18% for the last 21 sessions. At 07:09 EST on Wednesday, 14 August, EUR/JPY (EURJPY) is $161.91.

EUR/JPY's yearly highs and lows, it's 9.555% up from its 52-week low and 7.697% 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 0.45%, a negative 0.23%, and a positive 0.38%, respectively.

EUR/JPY's highest amplitude of average volatility was 0.63% (last week), 0.58% (last month), and 0.38% (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).

Previous days news about EUR/JPY (EURJPY)

  • Eur/jpy gains traction above 160.50 amid light trading. According to FXStreet on Monday, 12 August, "The EUR/JPY cross trades firmer around 160.60 on Monday during the Asian trading hours. "
  • Eur/jpy price analysis: bulls meet resistance around 162.00, momentum weak. According to FXStreet on Monday, 12 August, "The EUR/JPY pair experienced minor gains on Monday, with the bulls unable to surpass the 162.00 area. "
  • Eur/jpy clings to gains near daily peak, above mid-161.00s amid weaker JPY. According to FXStreet on Tuesday, 13 August, "The EUR/JPY cross attracts some dip-buying following the previous day's modest pullback from over a one-week top and sticks to its intraday gains through the early European session on Tuesday. ", "This, along with the lack of any buying around the shared currency, should contribute to capping gains for the EUR/JPY cross."

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.

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