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

(VIANEWS) – EUR/JPY (EURJPY) has been up by 2.08% for the last 21 sessions. At 23:11 EST on Wednesday, 12 July, EUR/JPY (EURJPY) is $154.37.

EUR/JPY’s yearly highs and lows, it’s 15.709% up from its 52-week low and 2.291% 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 negative 0.42%, a positive 0.13%, and a positive 0.46%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.42% (last week), 0.42% (last month), and 0.46% (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 analysis: justifies 21-dma breakdown to refresh multi-day low under 155.00. According to FXStreet on Tuesday, 11 July, "If at all the quote remains bearish past 152.00, Mays high near 151.60 and the 150.00 psychological magnet will entertain the EUR/JPY bears before directing them to the 100-DMA support of around 148.40.", "However, a convergence of the previous resistance line from late October 2022 and ascending trend line from March 24, close to the 152.00 round figure, appears a tough nut to crack for the EUR/JPY bears."
  • Eur/jpy price analysis: bears take command and threaten the 154.00 zone. According to FXStreet on Tuesday, 11 July, "In Tuesday’s session, the EUR/JPY cross continued its downward path as the Yen strengthened agains its major rivals. "

More news about EUR/JPY (EURJPY).

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