EUR/JPY Went Up By Over 2% In The Last 21 Sessions

(VIANEWS) – EUR/JPY (EURJPY) has been up by 2.35% for the last 21 sessions. At 08:09 EST on Wednesday, 22 May, EUR/JPY (EURJPY) is $169.54.

EUR/JPY’s yearly highs and lows, it’s 14.714% up from its 52-week low and 1.059% down from its 52-week high.


EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.07%, 0.12%, and 0.38%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.32% (last week), 0.52% (last month), and 0.38% (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 price analysis: the first upside barrier will emerge above 169.80. According to FXStreet on Monday, 20 May, "The EUR/JPY cross gains traction near 169.50 duringtheearly European trading hourson Monday.", " EUR/JPY keeps the bullish vibe unchanged as the cross holds above the 100-period Exponential Moving Averages (EMA) on the four-hourchart. "
  • Eur/jpy continues drifting higher on wide interest-rate differential, lack of intervention. According to FXStreet on Monday, 20 May, "The last time a suspected intervention took place was in late April and early May when EUR/JPY experienced sharp declines for no apparent reason leading to unconfirmed speculations of intervention.", "A string of weak data releases in Japan, including a surprise 2.0% annualized drop in Q1 GDP, Tokyo CPI coming out lower than expected, and weak wage growth data in Q1 further suggest the BoJ will probably delay its next interest rate hike, after a one-off raise in March, giving EUR/JPY a back wind."

More news about EUR/JPY (EURJPY).

Leave a Reply

Your email address will not be published. Required fields are marked *