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USD/JPY Bearish By 5% In The Last 21 Sessions

ViaNews Editorial Team

August 16, 2024

USD/JPY Bearish By 5% In The Last 21 Sessions

(VIANEWS) - USD/JPY (USDJPY) has been up by 5.33% for the last 21 sessions. At 22:06 EST on Thursday, 15 August, USD/JPY (USDJPY) is $148.89.

USD/JPY's yearly highs and lows, it's 6.129% up from its 52-week low and 8.06% 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 positive 0.22%, a negative 0.24%, and a positive 0.44%, respectively.

USD/JPY's highest amplitude of average volatility was 0.44% (last week), 0.68% (last month), and 0.44% (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 edges higher in a familiar range, retakes 147.00 mark amid risk-on mood. According to FXStreet on Wednesday, 14 August, "Apart from this, expectations that the Bank of Japan (BoJ) will hike rates again in 2024 help limit the JPY losses and might cap the USD/JPY pair.", "This, in turn, will play a key role in influencing the USD demand in the near term and provide some meaningful impetus to the USD/JPY pair. "
  • Usd/jpy consolidates in a familiar rage, holds comfortably above 147.00 mark. According to FXStreet on Thursday, 15 August, "The USD/JPY pair struggles to capitalize on the previous day's goodish rebound from the 146.00 round figure, or the weekly low and oscillates in a narrow trading band during the Asian session on Thursday. ", "Apart from this, a generally positive risk tone undermines demand for the safe-haven JPY and continues to offer some support to the USD/JPY pair. "

More news about USD/JPY (USDJPY).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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