(VIANEWS) - EUR/JPY (EURJPY) has been up by 1.12% for the last 10 sessions. At 18:10 EST on Tuesday, 4 April, EUR/JPY (EURJPY) is $144.18.
Eur/jpy price analysis: formation of a symmetrical triangle conveys volatility contraction
The EUR/JPY pair has sensed a buying interest after a gradual correction to near 144.20 in the early Asian session. , On an hourly scale, EUR/JPY is auctioning in a Symmetrical Triangle chart pattern that indicates a sheer volatility contraction and conveys an absence of a potential trigger.
EUR/JPY's yearly highs and lows, it's 8.61% up from its 52-week low and 2.821% 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 0.30%, a negative 0.09%, and a positive 0.56%, respectively.
EUR/JPY's highest amplitude of average volatility was 0.61% (last week), 0.63% (last month), and 0.56% (last quarter), respectively.
Previous days news about EUR/JPY (EURJPY)
- Eur/jpy price analysis: retreats to near 144.00 despite hawkish ECB bets. According to FXStreet on Monday, 3 April, "The EUR/JPY pair has dropped sharply to near 144.00 after a short-lived pullback to 144.50 in the Asian session. ", "On a four-hour scale, EUR/JPY has dropped strongly after facing tough barricades near the horizontal resistance plotted from February 28 high at 145.47. "
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