EUR/JPY Jumps By 1% In The Last 21 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 1.9% for the last 21 sessions. At 17:07 EST on Wednesday, 6 March, EUR/JPY (EURJPY) is $162.69.

EUR/JPY’s yearly highs and lows, it’s 17.138% up from its 52-week low and 0.971% down from its 52-week high.

Volatility

EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.03%, 0.11%, and 0.39%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.36% (last week), 0.25% (last month), and 0.39% (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 oversold (<=20).

Previous days news about EUR/JPY (EURJPY)

  • Eur/jpy holds above the 163.00 mark, investors await Japanese CPI data. According to FXStreet on Monday, 4 March, "The risk-on environment in the market provides some support to the Euro (EUR) and creates a tailwind for the EUR/JPY cross. ", "The EUR/JPY cross holds above the 163.00 mark during the early European session on Monday. "
  • Eur/jpy attracts some sellers below the mid-163.00s, eurozone PMI data looms. According to FXStreet on Tuesday, 5 March, "The EUR/JPY cross loses ground below the mid-163.00s during the early European trading hours on Tuesday. ", "A less hawkish tone could exert some selling pressure on the Euro (EUR) and create a headwind for the EUR/JPY cross. "
  • Eur/jpy price analysis: bulls remain dominant despite bearish signals on the daily and hourly chart. According to FXStreet on Tuesday, 5 March, "On the daily chart, the Relative Strength Index (RSI) for the EUR/JPY pair is in positive territory, signaling the domination of buyers in the market but it points south. ", "Despite the short-term negative outlook, the EUR/JPY pair is trading above its 20,100,200-day Simple Moving Averages, indicating that the long-term trend remains bullish. "

More news about EUR/JPY (EURJPY).

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