USD/JPY Bullish Momentum With A 4% Rise In The Last 21 Sessions

(VIANEWS) – USD/JPY (USDJPY) has been up by 4.99% for the last 21 sessions. At 10:07 EST on Thursday, 17 October, USD/JPY (USDJPY) is $149.85.

USD/JPY’s yearly highs and lows, it’s 7.356% up from its 52-week low and 7.47% down from its 52-week high.

Volatility

USD/JPY’s last week, last month’s, and last quarter’s current intraday variation average was 0.12%, 0.31%, and 0.63%, respectively.

USD/JPY’s highest amplitude of average volatility was 0.32% (last week), 0.58% (last month), and 0.63% (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: dips towards 149.00 on falling US yields. According to FXStreet on Tuesday, 15 October, "The USD/JPY slipped over 0.30% on Tuesday due to risk aversion and falling US Treasury bond yields. ", "With USD/JPY climbing above 150.00, this clears the path for a move upwards to the 100-day moving average (DMA) at 150.98, ahead of the 200-DMA at 151.27."
  • Usd/jpy price forecast: rebounds off weekly lows, bulls target 150.00. According to FXStreet on Wednesday, 16 October, "While technical signals indicate that buyers are in control, USD/JPY remains within the Ichimoku Cloud (Kumo), which is limiting its advance. ", "Conversely, if USD/JPY drops below 149.00, the Tenkan-Sen at 147.95 will act as the first support for bulls. "

More news about USD/JPY (USDJPY).

Leave a Reply

Your email address will not be published. Required fields are marked *