EUR/JPY Bullish By 4% In The Last 21 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 4.32% for the last 21 sessions. At 18:08 EST on Monday, 17 April, EUR/JPY (EURJPY) is $146.93.

EUR/JPY’s yearly highs and lows, it’s 10.683% up from its 52-week low and 0.965% down from its 52-week high.

Volatility

EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.41%, 0.14%, and 0.53%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.41% (last week), 0.54% (last month), and 0.53% (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 traces on sluggish yields below 134.00 even as boj vs. fed divergence regains attention. According to FXStreet on Monday, 17 April, "Recently, the geopolitical challenges emanating from China, due to its eagerness to collaborate with Russia on global and regional security, as well as tussles with the US over Taiwan, prod the market sentiment and weigh on the USD/JPY pair.", "Not only a lack of major data/events but mixed catalysts and sluggish yields also challenge the USD/JPY pair traders of late."
  • Usd/jpy eases from over one-month peak, trades with modest gains just below 134.00. According to FXStreet on Monday, 17 April, "The resultant widening of the US-Japan rate differential, along with the Bank of Japan’s (BoJ) dovish near-term outlook, might continue to undermine the Japanese Yen (JPY) and further contribute to limiting the downside for the USD/JPY pair. ", "The USD/JPY pair trims a part of its modest intraday gains to over a one-month high touched earlier this Monday and retreats below the 134.00 mark during the early European session."
  • Usd/jpy price analysis: gains momentum on rising US treasury bond yields. According to FXStreet on Monday, 17 April, "Conversely, if the USD/JPY retraces, the first support would be 100-day EMA at 134.00. ", "If USD/JPY rallies above 135.00, the next resistance would be 136.00, followed by the psychological 137.00 level before testing the YTD high at 137.91. "

More news about EUR/JPY (EURJPY).

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