EUR/JPY Bullish Momentum With A 2% Rise In The Last 21 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 2.99% for the last 21 sessions. At 05:08 EST on Wednesday, 16 October, EUR/JPY (EURJPY) is $162.63.

EUR/JPY’s yearly highs and lows, it’s 10.04% up from its 52-week low and 7.288% down from its 52-week high.

Volatility

EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.02%, 0.19%, and 0.55%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.36% (last week), 0.56% (last month), and 0.55% (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 overbought (>=80).

Previous days news about EUR/JPY (EURJPY)

  • Eur/jpy price prediction: testing top of the range – next move could be down. According to FXStreet on Monday, 14 October, "If so, then the next move for EUR/JPY will probably be a decline back down towards the range floor in the 154s.", "The next downside target for EUR/JPY would be at about 158.32 - the October 1 as well as September 30 lows."
  • Eur/jpy price prediction: meeting brick wall of resistance at range ceiling. According to FXStreet on Tuesday, 15 October, "This suggests that the next move for EUR/JPY will be back down towards the range floor in the 154s.", "The next downside target for EUR/JPY would be at about 158.32 - the October 1 as well as September 30 lows."

More news about EUR/JPY (EURJPY).

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