(VIANEWS) – EUR/JPY (EURJPY) has been up by 3.46% for the last 21 sessions. At 18:09 EST on Tuesday, 25 April, EUR/JPY (EURJPY) is $146.83.
Eur/jpy price analysis: after hitting 9-year highs, it retreated to 148.20s as sellers stepped in
The EUR/JPY reached a fresh 9-year high at around 148.47, as buyers reclaimed the 148.00 area. , Conversely, if the EUR/JPY drops below the 148.00 figure, the risk of forming a bearish-engulfing candlestick pattern increases.
EUR/JPY’s yearly highs and lows, it’s 10.609% up from its 52-week low and 1.095% down from its 52-week high.
Volatility
EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.23%, 0.21%, and 0.51%, respectively.
EUR/JPY’s highest amplitude of average volatility was 0.33% (last week), 0.45% (last month), and 0.51% (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).
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