USD/JPY Bearish By 7% In The Last 21 Sessions

(VIANEWS) – USD/JPY (USDJPY) has been up by 7.51% for the last 21 sessions. At 19:06 EST on Tuesday, 20 August, USD/JPY (USDJPY) is $145.25.

Usd/jpy edges lower near 146.00 on the weaker US dollar, hawkish boj

The USD/JPY pair trades in negative territory for the third consecutive day near 146.05 during the Asian trading hours on Tuesday.

USD/JPY’s yearly highs and lows, it’s 3.534% up from its 52-week low and 10.309% 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 0.07%, a negative 0.31%, and a positive 0.45%, respectively.

USD/JPY’s highest amplitude of average volatility was 0.70% (last week), 0.67% (last month), and 0.45% (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).

Previous days news about USD/JPY (USDJPY)

  • Usd/jpy retreats over 50 pips from asian session peak, slides below mid-147.00s. According to FXStreet on Monday, 19 August, "The USD/JPY pair struggles to capitalize on its modest Asian session uptick to the 148.00 mark and drops to a fresh daily low in the last hour. ", "The prevalent risk-on mood, bolstered by signs of easing fears of a recession in the US, undermines the safe-haven Japanese Yen (JPY) and lends some support to the USD/JPY pair amid a modest US Dollar (USD) uptick. "

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