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USD/JPY Bullish Momentum: 0.82% Up In The Last 5 Sessions

(VIANEWS) – USD/JPY (USDJPY) has been up by 0.82% for the last 5 sessions. At 15:07 EST on Friday, 24 May, USD/JPY (USDJPY) is $156.97.

USD/JPY’s yearly highs and lows, it’s 14.315% up from its 52-week low and 1.869% down from its 52-week high.

Volatility

USD/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.19%, 0.05%, and 0.36%, respectively.

USD/JPY’s highest amplitude of average volatility was 0.22% (last week), 0.57% (last month), and 0.36% (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 analysis: closes in on resistance with possibility of temporary pullback. According to FXStreet on Wednesday, 22 May, "If USD/JPY corrects it will probably find support at the level of the cluster of Moving Averages between 155.50-80."
  • Usd/jpy price analysis: faces strong resistance as bulls target 157.00. According to FXStreet on Wednesday, 22 May, "The USD/JPY erased Tuesday’s losses and climbed past the 156.50 area after the announcement of the latest US Federal Reserve meeting minutes. ", "The USD/JPY uptrend continues, yet it’s facing stir resistance at the May 14 high of 156.76. "
  • Usd/jpy price analysis: creeps higher as buyers target 157.00. According to FXStreet on Thursday, 23 May, "The USD/JPY registered gains for the second consecutive trading day but were marginal. ", "The USD/JPY uptrend is persisting, but it is encountering strong resistance at the psychological 157.00 after clearing the May 14 high of 156.76. "

More news about USD/JPY (USDJPY).

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