EUR/JPY Bullish Momentum With A 1% Rise In The Last 21 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 1.53% for the last 21 sessions. At 13:06 EST on Friday, 3 March, EUR/JPY (EURJPY) is $144.61.

EUR/JPY’s yearly highs and lows, it’s 16.24% up from its 52-week low and 2.527% down from its 52-week high.

Volatility

EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.07%, 0.04%, and 0.57%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.47% (last week), 0.49% (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 oversold (<=20).

Previous days news about EUR/JPY (EURJPY)

  • Eur/jpy reverses pullback from YTD top as ECB vs. boj play favors bulls, German inflation eyed. According to FXStreet on Wednesday, 1 March, "As a result, mostly downbeat Japanese data joins the monetary policy divergence between the ECB and the BoJ to keep the EUR/JPY buyers hopeful.", "Moving on, a light calendar in Japan may allow the EUR/JPY bulls to keep the reins during early Wednesday. "
  • Eur/jpy moves gradually towards 145.50 ahead of eurozone inflation. According to FXStreet on Thursday, 2 March, "The EUR/JPY pair is approaching the critical resistance of 145.50 gradually in the early Tokyo session. "
  • Eur/jpy builds a cushion below 145.00 as higher eurozone inflation fuels hawkish ECB bets. According to FXStreet on Thursday, 2 March, "The EUR/JPY pair is displaying a sideways auction in a range below 145.00 in the early Tokyo session. "

More news about EUR/JPY (EURJPY).

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