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EUR/JPY Bullish Momentum: 0.88% Up In The Last 5 Sessions

EUR/JPY Bullish Momentum: 0.88% Up In The Last 5 Sessions

(VIANEWS) - EUR/JPY (EURJPY) has been up by 0.88% for the last 5 sessions. At 06:08 EST on Monday, 22 May, EUR/JPY (EURJPY) is $149.20.

EUR/JPY's yearly highs and lows, it's 11.831% up from its 52-week low and 1.576% down from its 52-week high.

Volatility

EUR/JPY's last week, last month's, and last quarter's current intraday variation average was 0.18%, 0.38%, and 0.57%, respectively.

EUR/JPY's highest amplitude of average volatility was 0.30% (last week), 0.65% (last month), and 0.57% (last quarter), respectively.

News about

  • Eur/usd price analysis: mildly bid above 1.0800 within bearish channel. According to FXStreet on Monday, 22 May, "It's worth noting that the RSI (14) line's rebound from nearly oversold conditions joins the EUR/USD pair's sustained break of the 100-DMA to keep Euro buyers hopeful.", "Even so, multiple hurdles around 1.0920 and 1.1000 may challenge the EUR/USD buyers before directing them to February's high of 1.1033. "
  • Eur/usd rebounds from 1.0800 as biden-mccarthy to discuss US debt-ceiling again on Monday. According to FXStreet on Sunday, 21 May, "The EUR/USD pair has shown a sharp recovery from near the round-level support of 1.0800 in the early Tokyo session. "
  • Eur/usd eases below 1.0850 as ECB hawks step back, fed bets increase amid cautious optimism. According to FXStreet on Monday, 22 May, "Moving on, Eurozone Consumer Confidence may direct intraday moves of the EUR/USD pair but major attention will be given to the first readings of the May month PMIs, as well as US debt ceiling talks for a clear guide."

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.