(VIANEWS) – EUR/JPY (EURJPY) has been up by 2.37% for the last 10 sessions. At 16:08 EST on Sunday, 2 April, EUR/JPY (EURJPY) is $144.17.
EUR/JPY’s yearly highs and lows, it’s 8.605% up from its 52-week low and 2.825% 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 0.22%, a negative 0.06%, and a positive 0.58%, respectively.
EUR/JPY’s highest amplitude of average volatility was 0.70% (last week), 0.65% (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).
News about
- According to FXStreet on Friday, 31 March, "The shared currency is unperturbed by the mixedEurozoneinflation data, as EUR/USD keeps its range near daily lows of 1.0872. "
- Eur/usd retreats to 1.0900 even as hawkish fed bets ease pre-eurozone, US inflation hints. According to FXStreet on Friday, 31 March, "Downbeat prints of German inflation contrast with the policymakers’ hawkish bias to challenge the EUR/USD pair’s latest run-up even if the recently easing expectations of a rate hike by the Fed in May month’s Federal Open Market Committee(FOMC)Monetary policy meeting.", "Given the overbought RSI (14) and the Euro pair’s repeated failures to cross the 1.0930-35 horizontal resistance area, comprising levels marked since late January, the EUR/USD pair may drop to a two-week-old ascending support line, close to 1.0850 at the latest."
- Eur/usd comes under pressure and retreats below 1.0900 ahead of data, ECB. According to FXStreet on Friday, 31 March, "The weekly uptrend in EUR/USD appears to have met a solid barrier around the monthly highs near 1.0930 on Friday.", "The weekly recovery in EUR/USD struggles to surpass the area of the March high around 1.0930."
- Eur/usd: resilient US data next week could prompt a correction – MUFG. According to FXStreet on Friday, 31 March, "But with the market still priced for about 50 bps of easing from the Fed by year-end, that spread looks set to continuing supporting EUR/USD for now. ", "We remain unconvinced that the ECB will have to tighten by a further 50 bps but expectations continue to grind higher with the 2yr government bond spread more indicative of EUR/USD trading up closer to 1.1500. "
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