USD/JPY Over 2% Up In The Last 21 Sessions

(VIANEWS) – USD/JPY (USDJPY) has been up by 2.8% for the last 21 sessions. At 09:10 EST on Wednesday, 10 April, USD/JPY (USDJPY) is $152.45.

USD/JPY’s yearly highs and lows, it’s 15.466% up from its 52-week low and 0.045% down from its 52-week high.

Volatility

USD/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.03%, 0.11%, and 0.31%, respectively.

USD/JPY’s highest amplitude of average volatility was 0.18% (last week), 0.26% (last month), and 0.31% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/JPY’s Forex is considered to be oversold (<=20).

Previous days news about USD/JPY (USDJPY)

  • Usd/jpy analysis: uptrend until Japanese intervention – 08 April 2024. According to DailyForex on Monday, 8 April, "Ultimately, buying USD/JPY from each subsequent downside level remains preferable.", "As we expected, the overall trend for the USD/JPY pair remains bullish as long as there is a clear contrast between the future of the US Federal Reserve’s tight policy, supported by positive results of important US economic data, and the Bank of Japan, which still hesitates to tighten fully. "
  • Usd/jpy break above 152.00 May not trigger immediate FX interventions – rabobank. According to FXStreet on Tuesday, 9 April, "Analysts at Rabobank share their short-term outlook for the USD/JPY pair following the latest developments.", "On the assumption that the BoJ will be able to announce a second rate hike later this year and given the expectation that the Fed will be cutting rates in 2024, we expect USD/JPY to be trading at lower levels later in the year. "

More news about USD/JPY (USDJPY).

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