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EUR/JPY Bullish Momentum: 0.81% Up In The Last 24 Hours

ViaNews Editorial Team

February 13, 2023

EUR/JPY Bullish Momentum: 0.81% Up In The Last 24 Hours

(VIANEWS) - EUR/JPY (EURJPY) has been up by 0.8104% for the last session's close. At 11:06 EST on Monday, 13 February, EUR/JPY (EURJPY) is $142.31.

EUR/JPY (EURJPY) Range

About EUR/JPY's daily highs and lows, it's 1.438% up from its trailing 24 hours low of $140.29 and 1.438% up from its trailing 24 hours high of $140.29.

EUR/JPY's yearly highs and lows, it's 14.389% up from its 52-week low and 4.079% 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 0.27%, a negative 0.16%, and a positive 0.56%, respectively.

EUR/JPY's highest amplitude of average volatility was 0.55% (last week), 0.65% (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 overbought (>=80).

News about

  • Eur/usd renews monthly low below 1.0700 amid ecb, fed chatters, focus on EU gdp, US inflation. According to FXStreet on Monday, 13 February, "However, cautious mood ahead of the key US Consumer Price Index (CPI) for January and the preliminary readings of the Eurozone fourth quarter (Q4) Gross Domestic Product, up for publishing on Tuesday, seem to probe the EUR/USD bears."
  • Eur/usd forex signal: double bottom slowly forms - 13 February 2023. According to DailyForex on Monday, 13 February, "The EUR/USD continued pulling back as the US dollar index (DXY) strength gained steam. ", "Meanwhile, from Europe, the EUR/USD pair will react to the upcoming statement by Christine Lagarde of the European Central Bank (ECB) on Wednesday. "
  • Eur/usd sees more weakness below 1.0660 as investors expect a surprise upside in US CPI. According to FXStreet on Sunday, 12 February, "The EUR/USD pair has showed a pullback move to near 1.0680 in the early Tokyo session. "
  • Eur/usd could test the 1.0500 support on a strong US CPI read – ING. According to FXStreet on Monday, 13 February, "Economists at ING expect the EUR/USD to test 1.05 support on a strong US Consumer Price Index (CPI) report.", "Our medium-term view is still one of EUR/USD appreciation over the course of 2023, but we don't see clear drivers for a EUR/USD rebound this week, especially from the eurozone side."
  • According to FXStreet on Monday, 13 February, "The latest ECB commentary is having little to no impact on the EUR/USD pair, as it keeps its downside consolidative phase intact at around 1.0675."

More news about EUR/JPY (EURJPY).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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