EUR/JPY Bullish Momentum: 0.819% Up In The Last 24 Hours

(VIANEWS) – EUR/JPY (EURJPY) has been up by 0.8186% for the last session’s close. At 09:07 EST on Tuesday, 14 March, EUR/JPY (EURJPY) is $144.09.

EUR/JPY (EURJPY) Range

About EUR/JPY’s daily highs and lows, it’s 1.929% up from its trailing 24 hours low of $141.37 and 0.203% down from its trailing 24 hours high of $144.39.

EUR/JPY’s yearly highs and lows, it’s 11.398% up from its 52-week low and 2.877% 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 0.32%, a positive 0.08%, and a positive 0.57%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.32% (last week), 0.41% (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 overbought (>=80).

News about

  • Usd/jpy price analysis: yen renews one-month low near 134.00 as bears approach 50-dma. According to FXStreet on Monday, 13 March, "On the flip side, a convergence of the 100-DMA and the aforementioned channel’s lower line, close to 135.85, holds the key to USD/JPY pair’s recovery.", "However, the early February swing highs near 132.90 seem to prod the USD/JPY sellers of late."
  • Usd/jpy tracks corrective bounce in yields to aim for 134.00 ahead of US inflation data. According to FXStreet on Tuesday, 14 March, "Alternatively, receding hawkish Fed bets and downbeat US inflation expectations join the market’s jittery status amid the US-China tensions and SVB talks seem to challenge the USD/JPY buyers.", "However, the policymakers from the UK and Europe, as well as some of the Asia-Pacific majors, have ruled out the odds of witnessing a financial crisis at home after the SVB saga, which in turn might have also pleased the USD/JPY buyers of late."
  • Usd/jpy traces recovery in yields to bounce off one-month low towards 135.00, US inflation, boj minutes eyed. According to FXStreet on Monday, 13 March, "Looking forward, Wednesday’s BoJ Minutes will be crucial to confirm the latest hawkish bias for the Japanese central bank’s next move, which in turn can weigh on the USD/JPY prices if matching market forecasts. ", "However, firmer prints of the US consumer-centric numbers could renew hawkish Fed bets ahead of the all-important MarchFederal Open Market Committee(FOMC) and may recall the USD/JPY bulls."

More news about EUR/JPY (EURJPY).

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