EUR/JPY Bearish Momentum: 0.82% Down In The Last 5 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 0.82% for the last 5 sessions. At 19:08 EST on Monday, 6 May, EUR/JPY (EURJPY) is $165.92.

EUR/JPY’s yearly highs and lows, it’s 13.544% up from its 52-week low and 3.17% 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 0.58%, a positive 0.03%, and a positive 0.36%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.92% (last week), 0.47% (last month), and 0.36% (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

  • According to FXStreet on Monday, 6 May, "This is the level where Dollar bulls were eager to get in and triggered a firm bounce in both the DXY and the USD/JPY pair, with room for further recovery.", "Although a near $60 billion in cash got burned, according to Bloomberg, to get USD/JPY from 160.00 to 151.86, it brought the US Dollar Index to the 55-day Simple Moving Average (SMA) at 104.52. "
  • According to FXStreet on Monday, 6 May, "The resurgence of selling pressure in the Japanese yen helped USD/JPY reverse course and reclaim the proximity of the 154.00 region. "

More news about EUR/JPY (EURJPY).

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