EUR/JPY Bullish By 3% In The Last 21 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 3.14% for the last 21 sessions. At 15:07 EST on Friday, 17 February, EUR/JPY (EURJPY) is $143.43.

EUR/JPY’s yearly highs and lows, it’s 15.287% up from its 52-week low and 3.326% 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 0.40%, a negative 0.03%, and a positive 0.56%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.58% (last week), 0.51% (last month), and 0.56% (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: buyers lurk around 133.60 support confluence. According to FXStreet on Thursday, 16 February, "Should the quote remains weak past 130.70, the 130.00 round figure and the previous weekly bottom surrounding 129.80 could please the USD/JPY bears before directing them to the one-month-old ascending support line, close to 129.00 by the press time.", "Although the overbought RSI (14) triggered the USD/JPY retreat, a convergence of the resistance-turned-support line from January 18 and a one-week-old ascending trend line challenges the Yen pair sellers around 133.60. "
  • Usd/jpy holds steady near its highest level since January, just below mid-133.00s. According to FXStreet on Wednesday, 15 February, "This is seen as another factor lending support to the JPY and keeping a lid on the USD/JPY pair.", "The US Dollar stands tall near a multi-week high and remains well supported by expectations for further policy tightening by the Fed, which, in turn, is seen acting as a tailwind for the USD/JPY pair. "
  • Usd/jpy: correction from six-week highs stalls near 132.50, US data eyed. According to FXStreet on Wednesday, 15 February, "The rush to safety in the US bond market is sending the US Treasury bond yields lower, in turn, weighing down on the USD/JPY pair.", "From a short-term technical perspective, USD/JPY is reattempting the 133.00 level, having found support near the 132.50 psychological level."
  • Usd/jpy price analysis: bulls flirt with 133.00 inside monthly rising wedge. According to FXStreet on Wednesday, 15 February, "It should be noted that the 130.00 round figure will act as an extra filter towards the south of 130.60 before directing the USD/JPY sellers towards the theoretical target of the stated wedge, namely 125.50.", "Even if the quote rises past 133.60, a two-month-old horizontal resistance region near 134.50-70, will precede the 200-DMA level surrounding 136.90 to challenge the USD/JPY bulls."

More news about EUR/JPY (EURJPY).

Leave a Reply

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