EUR/JPY Bullish By 1% In The Last 21 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 1.54% for the last 21 sessions. At 15:07 EST on Sunday, 5 March, EUR/JPY (EURJPY) is $144.47.

EUR/JPY’s yearly highs and lows, it’s 16.123% up from its 52-week low and 2.625% 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%, 0.04%, and 0.57%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.47% (last week), 0.49% (last month), and 0.57% (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).

News about

  • Usd/jpy price analysis: flirts with daily low, around 136.00 mark amid weaker USD. According to FXStreet on Friday, 3 March, "The latter should act as a strong base for the USD/JPY pair ahead of the Bank of Japan (BoJ) policy meeting next week. ", "An intraday retracement slide in the US Treasury bond yields weighs on the US Dollar (USD), which turns out to be a key factor dragging the USD/JPY pair lower. "
  • Usd/jpy price analysis: slips below 137.00 within one-week-old rising wedge. According to FXStreet on Friday, 3 March, "It’s worth noting that the USD/JPY pair’s downside break of a short-term support line, now resistance around 137.00, on Thursday joined the bearish MACD signals to keep sellers hopeful of witnessing further declines.", "Meanwhile, a descending resistance line from the latest peak restricts the USD/JPY pair’s immediate upside near 136.75, a break of which will highlight the previous support line from Wednesday and the wedge’s top line, respectively around 137.00 and 137.20 at the latest."
  • Usd/jpy price analysis: retraces toward 136.00 on soft USD. According to FXStreet on Friday, 3 March, "From a daily chart perspective, the USD/JPY is neutral upward biased, despite dropping from weekly highs toward the 136.10s area. ", "The USD/JPY slides from 136.70s toward the 136.00 area on Friday amidst broad US Dollar (USD) weakness even though data cemented the US economy resilience. "

More news about EUR/JPY (EURJPY).

Leave a Reply

Your email address will not be published. Required fields are marked *