(VIANEWS) – EUR/JPY (EURJPY) is currently on bearish momentum. At 17:06 EST on Monday, 15 August, EUR/JPY (EURJPY) is at 135.4110, 1.1021% down since the last session’s close.

EUR/JPY (EURJPY) Range

About EUR/JPY’s daily highs and lows, it’s 1.01% down from its trailing 24 hours low of $136.79 and 1.206% down from its trailing 24 hours high of $137.06.

EUR/JPY’s yearly highs and lows, it’s 8.843% up from its 52-week low and 6.107% down from its 52-week high.

Volatility

EUR/JPY’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.06%, a negative 0.03%, and a positive 0.63%, respectively.

EUR/JPY’s highest amplitude of average volatility was 0.37% (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, EUR/JPY’s Forex is considered to be overbought (>=80).

News about EUR/USD

  • Eur/usd to trade around and slightly below parity in the coming months – commerzbank. According to FXStreet on Friday, 12 August, "They expect levels only slightly below parity and continued recovery of the EUR/USD exchange rate in 2023.", "Because we now expect a recession in the euro area in our base scenario, we anticipate EUR/USD exchange rates around and below parity by the end of the year."
  • Eur/usd price analysis: slow grind to north pauses above 1.0300. According to FXStreet on Friday, 12 August, "Even if the EUR/USD pair breaks the 1.0280 support confluence, the 200-SMA level surrounding 1.0220 and a one-month-old upward sloping support line near 1.0190 will challenge the bears.", "Also challenging the EUR/USD bulls is the June 30 swing high of 1.0490, a break of which could propel prices towards a late June peak of 1.0614."
  • Eur/usd: dollar sell-off unlikely to be sustained – MUFG. According to FXStreet on Saturday, 13 August, "Analysts at MUFG Bank, have the idea of a shorting the EUR/USD pair around 1.0290 with a target at 0.9900 and a stop-loss at 1.0540. "
  • Eur/usd to find support in the upper 1.02s in the near-term – scotiabank. According to FXStreet on Friday, 12 August, "We look for EUR/USD to find support in the upper 1.02s in the near-term."

More news about EUR/JPY (EURJPY).

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