(VIANEWS) – EUR/JPY (EURJPY) has been up by 1.75% for the last 21 sessions. At 06:08 EST on Tuesday, 11 April, EUR/JPY (EURJPY) is $145.24.
EUR/JPY’s yearly highs and lows, it’s 9.412% up from its 52-week low and 2.103% down from its 52-week high.
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
- Usd/jpy price analysis: bulls eye another battle with 50-dma hurdle surrounding 133.00. According to FXStreet on Monday, 10 April, "In a case where the USD/JPY pair remains firmer past 135.20, the Year-To-Date (YTD) high of 137.91 should lure the bulls before highlighting the 140.00 psychological magnet.", "It’s worth noting, however, that the 50-DMA hurdle, around 133.20, appears a short-term key challenge for the USD/JPY buyers to pass if they wish to keep the reins."
- Usd/jpy trims a part of intraday gains to four-day high, holds above 132.00 mark. According to FXStreet on Monday, 10 April, "The USD/JPY pair scales higher for the third successive day on Monday and touched a four-day high, around the 132.80 region, albeit lacks follow-through. ", "Apart from this, heightened US-China tensions over Taiwan drive some haven flows towards the Japanese Yen (JPY) and further contribute to keeping a lid on the USD/JPY pair. "
- Usd/jpy drives to 132.50 as US employment data supports more rate hikes from fed. According to FXStreet on Monday, 10 April, "The USD/JPY pair has extended its recovery after a nominal correction to 132.50 in the Asian session amid hopes of further escalation in interest rates by the Federal Reserve (Fed). "
- Usd/jpy skids below 133.50, upside looks favored as boj supports expansionary policy. According to FXStreet on Tuesday, 11 April, "The USD/JPY pair has corrected below the critical support of 133.50 in the Asian session after a stellar upside move to near 133.87. ", "It is worth noting that the proportion of correction in the USD/JPY pair is much less than the corrective move in the USD Index, which indicates weakness in the Japanese Yen. "
- According to FXStreet on Tuesday, 11 April, "Meanwhile, USD/JPY is feeling the pull of gravity, as it drops below 133.50, down 0.16% on the day."
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