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EUR/JPY Drops By 3% In The Last 21 Sessions

ViaNews Editorial Team

January 1, 2024

EUR/JPY Drops By 3% In The Last 21 Sessions

(VIANEWS) - EUR/JPY (EURJPY) has been up by 3.6% for the last 21 sessions. At 14:09 EST on Monday, 1 January, EUR/JPY (EURJPY) is $155.53.

EUR/JPY's yearly highs and lows, it's 13.192% up from its 52-week low and 5.325% 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 0.06%, a negative 0.16%, and a positive 0.44%, respectively.

EUR/JPY's highest amplitude of average volatility was 0.30% (last week), 0.62% (last month), and 0.44% (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).

News about

  • Eur/usd forecast: January 2024 - 01 January 2024. According to DailyForex on Monday, 1 January, "S inflation data came in weaker than expected, which set off more buying of the EUR/USD and a test of the 1.10400 ratio on the 22nd of December.", "The mid-term outlook for the USD has become weaker, and many financial institutions likely believe the EUR/USD may be undervalued if it is trading below the 1.10000 level."

More news about EUR/JPY (EURJPY).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.