EUR/JPY Bearish Momentum: 0.92% Down In The Last 10 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 0.92% for the last 10 sessions. At 06:11 EST on Wednesday, 7 February, EUR/JPY (EURJPY) is $159.46.

EUR/JPY’s yearly highs and lows, it’s 14.819% up from its 52-week low and 2.932% 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 0.02%, a positive 0.03%, and a positive 0.43%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.43% (last week), 0.33% (last month), and 0.43% (last quarter), respectively.

Previous days news about EUR/JPY (EURJPY)

  • Eur/jpy remains on the defensive below 159.70, eyes on eurozone retail sales. According to FXStreet on Tuesday, 6 February, "The hawkish stance from the BoJ could provide some support to the Japanese Yen (JPY) and act as a headwind for the EUR/JPY cross. ", "Traders will take cues from the figures and find trading opportunities around the EUR/JPY cross."
  • Eur/jpy price analysis: failure at 160.00 paints bearish bias as evening-star emerges. According to FXStreet on Tuesday, 6 February, "The EUR/JPY drops from around weekly highs reached on Monday at 160.27 and forms a three-candle ‘evening star’ chart pattern, that opens the door for further losses. ", "On the other hand, if EUR/JPY buyers lift the exchange rate towards the Tenkan-Sen, that could open the door to challenge the 160.00 psychological level. "

More news about EUR/JPY (EURJPY).

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