(VIANEWS) - EUR/JPY (EURJPY) has been up by 2.53% for the last 21 sessions. At 08:08 EST on Wednesday, 15 May, EUR/JPY (EURJPY) is $168.46.
EUR/JPY's yearly highs and lows, it's 13.984% up from its 52-week low and 1.689% down from its 52-week high.
Volatility
EUR/JPY's last week, last month's, and last quarter's current intraday variation average was 0.36%, 0.15%, and 0.37%, respectively.
EUR/JPY's highest amplitude of average volatility was 0.36% (last week), 0.49% (last month), and 0.37% (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 rises close to 168.00 on continued interest rate differential. According to FXStreet on Monday, 13 May, "The short-term uptrend in EUR/JPY extends despite firming expectations that the European Central Bank (ECB) will cut interest rates in June, whilst the Bank of Japan (BoJ) is more likely to raise interest rates at some point before the end of 2024 - narrowing the differential. "
- Eur/jpy price analysis: bulls maintain momentum, potential short-term pullbacks on the horizon. According to FXStreet on Monday, 13 May, "In Monday's session, the EUR/JPY pair showed strong bullish momentum, registering a rise to 168.52, marking a favorable 0.45% shift. ", "Assessing the overall scenario, the EUR/JPY remains resilient around its Simple Moving Average (SMA) clusters. "
- Eur/jpy price analysis: rallies for seventh straight day as bulls target 170.00. According to FXStreet on Tuesday, 14 May, "From a technical perspective, the EUR/JPY remains upward biased, extending its gains for seven straight days, whereas fears that Japanese authorities could intervene in the Forex markets can limit the upside.", "Market sentiment remains upbeat; hence, the EUR/JPY trades with gains of 0.44%, at 169.27 at the time of writing."
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