(VIANEWS) - EUR/JPY (EURJPY) has been up by 3.18% for the last 21 sessions. At 07:07 EST on Friday, 29 December, EUR/JPY (EURJPY) is $156.67.
EUR/JPY's yearly highs and lows, it's 14.021% up from its 52-week low and 4.632% down from its 52-week high.
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 Wednesday, 27 December, "At the time of writing, USD/JPY is clinging to early gains at around 142.60, up 0.19% on a daily basis."
- According to FXStreet on Thursday, 28 December, "At the time of writing, the USD/JPY pair is trading around 141.29, down 0.38% on the day."
- Usd/jpy drops through 142.00 as US dollar sells off. According to FXStreet on Wednesday, 27 December, "The USD/JPY fell nine-tenths of a percent on Wednesday as the market leans into bets that the Federal Reserve (Fed) will get pushed into a faster pace of rate cuts in 2024, with some investors expecting rate cuts to begin as soon as next March.", "The USD/JPY has slipped through recent consolidation after a rejection from the 200-hour Simple Moving Average (SMA) near 142.70, tumbling through the 142.00 handle and testing fresh weekly lows near 141.60."
- Usd/jpy will eventually move lower to 136 by end-2024 – ANZ. According to FXStreet on Wednesday, 27 December, "The brief reaction in the USD/JPY to Yield Curve Control changes in July and October is informative on this front. "
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