EUR/JPY Bullish Momentum: 0.92% Up In The Last 10 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 0.92% for the last 10 sessions. At 15:09 EST on Wednesday, 24 May, EUR/JPY (EURJPY) is $149.64.

EUR/JPY’s yearly highs and lows, it’s 12.162% up from its 52-week low and 1.284% down from its 52-week high.


EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.23%, 0.39%, and 0.58%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.39% (last week), 0.66% (last month), and 0.58% (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 May have lots of room to fall if it can find a catalyst to get the ball rolling – socgen. According to FXStreet on Tuesday, 23 May, "Japan-German relative manufacturing PMIs suggest EUR/JPY is way too high, Kit Juckes, Chief Global FX Strategist at Société Générale, reports.", "CFTC data show a growing Yen short as well as a huge and growing Euro long, so the EUR/JPY pair may have lots of room to fall if it can find a catalyst to get the ball rolling."
  • Eur/jpy price analysis: stalls around 149.20s after hitting a weekly high around 150.00. According to FXStreet on Tuesday, 23 May, "The EUR/JPY daily chart suggests the pair remains neutral but slightly downward biased, as it remains below the year-to-date (YTD) high of 151.61. ", "That would likely keep the EUR/JPY trapped within the 149.00-150.00 area unless fundamental catalysts like European Central Bank (ECB) speakers or Japanese inflation figures give some cues about the EUR/JPY’s trend direction."

More news about EUR/JPY (EURJPY).

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