EUR/JPY Rises By 1% In The Last 10 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 1.65% for the last 10 sessions. At 13:08 EST on Sunday, 18 February, EUR/JPY (EURJPY) is $161.88.

EUR/JPY’s yearly highs and lows, it’s 16.556% up from its 52-week low and 1.463% down from its 52-week high.

Volatility

EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.11%, 0.06%, and 0.43%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.16% (last week), 0.30% (last month), and 0.43% (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 churns below 1.0800 as upside momentum remains thin. According to FXStreet on Friday, 16 February, "The EUR/USD is on pace to close on the down side of the 200-day SMA near 1.0830 for the tenth consecutive trading day as the pair gets plagued by regular bearish shocks, and bidders are struggling to dig their heels in and prevent further downside. "
  • According to FXStreet on Friday, 16 February, "Against that backdrop, the Greenback climbed to fresh 2024 highs, while EUR/USD retreated below 1.0700 to print a new YTD bottom.", "Despite sinking to the sub-1.0700 region earlier in the week, EUR/USD managed to regain balance and end the week with marginal gains."
  • Eur/usd grApples to extend gains ahead of US ppi, hovers above 1.0770. According to FXStreet on Friday, 16 February, "The disappointing US Retail Sales data on Thursday contributed downward pressure to undermining the US Dollar, which in turn, acted as a tailwind for the EUR/USD pair.", "The EUR/USD pair struggles to extend its gains, hovering above 1.0770 on Friday. "
  • Eur/usd dips as PPI signals extended fed tightening. According to FXStreet on Friday, 16 February, "Following the data, the EUR/USD pair seesawed around the 1.0770-1.0730 range, before settling at around current exchange rates. ", "From a technical standpoint, the EUR/USD is bearish biased despite staging a recovery in the last couple of days. "
  • Eur/usd range seen locked between 1.0500-1.1000 area over the upcoming year – nordea. According to FXStreet on Friday, 16 February, "Economists at Nordea analyze the EUR/USD outlook following their new US rate forecasts.", "Broadly speaking, we see the EUR/USD range locked between 1.0500-1.1000 area over the upcoming year."

More news about EUR/JPY (EURJPY).

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