EUR/JPY Bullish Momentum: 0.97% Up In The Last 10 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 0.97% for the last 10 sessions. At 16:08 EST on Sunday, 23 June, EUR/JPY (EURJPY) is $170.72.

EUR/JPY’s yearly highs and lows, it’s 15.516% up from its 52-week low and 0.368% 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 0.16%, a negative 0.01%, and a positive 0.34%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.18% (last week), 0.24% (last month), and 0.34% (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).

News about

  • According to FXStreet on Friday, 21 June, "In case either the Manufacturing or the Services PMI unexpectedly falls below 50.0 and points to contraction, the initial market reaction could make it difficult for the US Dollar (USD) to find demand and help EUR/USD edge higher. ", "On the downside, sellers could take action with a drop below 1.0670 (Fibonacci 78.6% retracement of the uptrend from mid-April) and cause EUR/USD to slide toward 1.0600 (static level)."

More news about EUR/JPY (EURJPY).

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