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EUR/JPY Bearish Momentum: 0.93% Down In The Last 10 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 0.93% for the last 10 sessions. At 08:09 EST on Wednesday, 4 September, EUR/JPY (EURJPY) is $160.16.

EUR/JPY’s yearly highs and lows, it’s 8.366% up from its 52-week low and 8.698% down from its 52-week high.

Volatility

EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.07%, 0.01%, and 0.43%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.48% (last week), 0.50% (last month), and 0.43% (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, 2 September, "On Friday, a rise in Tokyo inflation reinforced the Bank of Japan’s (BoJ) hawkish monetary policy stance, boosting the JPY and capping gains in the USD/JPY pair.", "In terms of support, the USD/JPY pair might first test the nine-day Exponential Moving Average (EMA) at around 145.53, followed by the downtrend line near 144.00. "
  • Usd/jpy price forecast: surges to two-week peak, shy of 147.00. According to FXStreet on Monday, 2 September, "From a weekly standpoint, the USD/JPY consolidates at around the top of the 140.78-147.30 range inside the Kumo, an indication of sideways trading. ", "The USD/JPY monthly chart shows the pair dipping toward 141.69 but recovering late and closing at 146.17, above the Kijun-Sen and the Ichimoku Cloud (Kumo). "
  • According to FXStreet on Tuesday, 3 September, "In terms of support, the USD/JPY pair might first test the nine-day Exponential Moving Average (EMA) at around 145.91. ", "The downside of the USD/JPY pair could be restrained as the US Dollar strengthens amid improving Treasury yields. "
  • Usd/jpy price forecast: tumbles on hawkish boj tone, firm below 146.00. According to FXStreet on Tuesday, 3 September, "The USD/JPY dropped late in the North American session, registering losses of over 0.80% or more than 100 pips. ", "From a technical standpoint, the USD/JPY is downward biased, forming a ‘bearish engulfing’ chart pattern. "
  • According to FXStreet on Wednesday, 4 September, "For the USD/JPY pair, support may be found around the seven-month low of 141.69, recorded on August 5, with the next key support level near 140.25."

More news about EUR/JPY (EURJPY).

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