(VIANEWS) – EUR/JPY (EURJPY) has been up by 1.7911% for the last session’s close. At 16:07 EST on Sunday, 5 February, EUR/JPY (EURJPY) is $142.82.
EUR/JPY (EURJPY) Range
About EUR/JPY’s daily highs and lows, it’s 2.059% up from its trailing 24 hours low of $139.94 and 0.354% up from its trailing 24 hours high of $142.32.
EUR/JPY’s yearly highs and lows, it’s 14.8% up from its 52-week low and 3.735% 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 0.27%, a negative 0.16%, and a positive 0.56%, respectively.
EUR/JPY’s highest amplitude of average volatility was 0.55% (last week), 0.65% (last month), and 0.56% (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).
News about
- Eur/usd: the trend for this year will be the upside – MUFG. According to FXStreet on Friday, 3 February, "Still, overall we believe the trend for EUR/USD this year will be the upside."
- Eur/usd: things are getting increasingly difficult for bulls – commerzbank. According to FXStreet on Friday, 3 February, "A lot seems to be priced into EUR/USD already, and a more hawkish ECB is difficult to imagine.", "Currently, it looks as if the inflation trend justifies an end to interest rate hikes in the near future, so there is probably no further upside potential in EUR/USD for the time being."
- Eur/usd treads water above 1.0900 ahead of US key data. According to FXStreet on Friday, 3 February, "The pronounced upside pushed EUR/USD north of the key 1.1000 hurdle on Thursday, although the pair retreated markedly in the wake of the ECB event and retested the 1.0880 region.", "The single currency continues to digest Thursday’s post-ECB acute pullback and motivates the EUR/USD to trade within a tight range in the low-1.0900s on Friday."
- According to FXStreet on Friday, 3 February, "Dhwani Mehta, Analyst at FXStreet, offers a brief technical overview and outlines important technical levels to trade the EUR/USD pair: "With a potential bullish crossover on the daily chart, represented by the bullish 100-Daily Moving Average (DMA) piercing the flattish 200DMA from below, the upside appears more compelling for the EUR/USD pair. ", "On the downside, the EUR/USD pair could extend the correction toward the bullish 21DMA at 1.0837 should the previous day’s low fail to offer support. "
- Eur/usd: medium-term drivers indicate that the pair is overvalued – danske bank. According to FXStreet on Friday, 3 February, "In recent weeks, EUR/USD has defied the shift and sudden underperformance of Eurozone equities, which we otherwise deem to have been an important driver behind the EUR/USD rally since September (Eurozone equities overperforming during this period).", "Our tactical conviction on EUR/USD is not high, but we maintain a clear sell-on-rallies bias for the cross as we still think medium-term drivers indicate that EUR/USD is overvalued (and not undervalued)."
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