(VIANEWS) - USD/JPY (USDJPY) has been up by 2.26% for the last 21 sessions. At 17:08 EST on Monday, 30 September, USD/JPY (USDJPY) is $143.60.
Usd/jpy struggles to capitalize on modest intraday gains, up a little around mid-142.00s
The USD/JPY pair attracts some dip-buyers at the start of a new week and reverses a part of Friday's sharp retracement slide from the 146.50 area or over a three-week high. , This, along with news that the new PMI is planning a general election for October 27 and mixed Japanese economic data, undermines the Japanese Yen (JPY) and is seen lending support to the USD/JPY pair.
Usd/jpy: bullish momentum on daily chart fades – OCBC
The risk she may win was one of the factors that kept USD/JPY rather supported for most of last week. , Last Friday, USD/JPY traded up to high of 146.49 after candidate Takaichi managed to get into run-off against Ishiba.
USD/JPY's yearly highs and lows, it's 2.884% up from its 52-week low and 11.324% down from its 52-week high.
Volatility
USD/JPY's last week, last month's, and last quarter's current intraday variation average was a negative 0.19%, a negative 0.09%, and a positive 0.59%, respectively.
USD/JPY's highest amplitude of average volatility was 0.75% (last week), 0.59% (last month), and 0.59% (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 overbought (>=80).
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