(VIANEWS) - USD/JPY (USDJPY) has been up by 0.8026% for the last session's close. At 13:08 EST on Friday, 30 August, USD/JPY (USDJPY) is $146.19.
Usd/jpy: enough momentum to break above 145.70– UOB group
There is scope for the USD/JPY pair to advance, but it does not seem to have enough momentum to break the strong resistance at 145.70., (This story was corrected on August 30 at12:15GMT to say, in the title and in the first paragraph, that the analysts don't think the USD/JPY pair has enough momentum to break above 145.70.)
USD/JPY (USDJPY) Range
Regarding USD/JPY's daily highs and lows, it's 0.933% up from its trailing 24 hours low of $144.84 and 0.803% up from its trailing 24 hours high of $145.02.
USD/JPY's yearly highs and lows, it's 4.203% up from its 52-week low and 9.729% 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 0.28%, a negative 0.28%, and a positive 0.51%, respectively.
USD/JPY's highest amplitude of average volatility was 0.61% (last week), 0.73% (last month), and 0.51% (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 price forecast: climbs amid strong US dollar, eyes 145.00. According to FXStreet on Wednesday, 28 August, "The USD/JPY downtrend remains intact, yet buyers stepped in and pushed the exchange rate above 144.00, with buyers unable to crack the 145.00 figure decisively. ", "Conversely, if USD/JPY remains below 145.00, this could pave the way for testing the 144.00 figure. "
- Usd/jpy price forecast: post modest gains yet remains shy of 145.00. According to FXStreet on Thursday, 29 August, "The USD/JPY registered modest gains during the North American session on Thursday of over 0.27%. ", "If USD/JPY decisively clears 145.00, this could pave the way for further upside. "
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