EUR/JPY Bullish Momentum: 0.752% Up In The Last 24 Hours

(VIANEWS) – EUR/JPY (EURJPY) has been up by 0.7517% for the last session’s close. At 10:07 EST on Thursday, 19 September, EUR/JPY (EURJPY) is $159.23.

EUR/JPY (EURJPY) Range

Concerning EUR/JPY’s daily highs and lows, it’s 0.932% up from its trailing 24 hours low of $157.76 and 0.606% up from its trailing 24 hours high of $158.28.

EUR/JPY’s yearly highs and lows, it’s 7.743% up from its 52-week low and 9.223% 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 positive 0.17%, a negative 0.16%, and a positive 0.46%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.38% (last week), 0.46% (last month), and 0.46% (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).

Previous days news about EUR/JPY (EURJPY)

  • Eur/jpy slides back below mid-156.00s amid modest JPY strength, lacks follow-through. According to FXStreet on Tuesday, 17 September, "Apart from this, the market nervousness ahead of this week’s key central bank event risks turns out to be another factor that benefits the JPY’s relative safe-haven status and exerts downward pressure on the EUR/JPY cross.", "The focus, however, will remain glued to the highly anticipated BoJ policy update on Friday, which will influence the near-term JPY price dynamics and determine the next leg of a directional move for the EUR/JPY cross."
  • Eur/jpy steadies above 156.00 as ECB abstains to commit specific rate cut path. According to FXStreet on Tuesday, 17 September, "The EUR/JPY pair holds a slight recovery move above 156.00 in Tuesday’s European session from a fresh, almost six-week low of 155.15 recorded on Monday. "
  • Eur/jpy rises above 157.00, shrugs off poor ZEW report. According to FXStreet on Tuesday, 17 September, "The EUR/JPY trades in the green, up by 0.48%, shrugging off worse-than-expected ZEW data from the Eurozone (EU) and Germany. ", "On further weakness, the EUR/JPY could retest the latest trough at 155.14, the September 16 daily low."
  • Eur/jpy attracts some sellers below 157.50 ahead of eurozone inflation data. According to FXStreet on Wednesday, 18 September, "The EUR/JPY cross weakens near 157.20, snapping to a two-day winning streak during the early European session on Wednesday. ", "The hawkish stance from the Japanese central bank might lift the JPY and create a headwind for EUR/JPY in the near term. "
  • Eur/jpy falls below 158.00 as EU inflation approaches ECB target. According to FXStreet on Wednesday, 18 September, "From a technical standpoint, the EUR/JPY is downward biased, though it could consolidate within the Tenkan-Sen (157.35) and Kijun Sen (159.51). "

More news about EUR/JPY (EURJPY).

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