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EUR/JPY Went Down By Over 3% In The Last 21 Sessions

ViaNews Editorial Team

December 11, 2023

EUR/JPY Went Down By Over 3% In The Last 21 Sessions

(VIANEWS) - EUR/JPY (EURJPY) has been up by 3.4% for the last 21 sessions. At 00:06 EST on Monday, 11 December, EUR/JPY (EURJPY) is $155.94.

EUR/JPY's yearly highs and lows, it's 13.492% up from its 52-week low and 5.074% 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 0.43%, a negative 0.07%, and a positive 0.34%, respectively.

EUR/JPY's highest amplitude of average volatility was 0.52% (last week), 0.40% (last month), and 0.34% (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

  • According to FXStreet on Friday, 8 December, "Apart from this, the risk-on rally in the US equity markets forced the safe-haven JPY to trim a part of its strong intraday gains and allowed the USD/JPY pair to rebound nearly 250 pips from the vicinity of mid-141.00s to end the day around the 144.00 round figure. ", "This, along with a downward revision to Japan's third-quarter GDP print, assists the USD/JPY pair in attracting some buyers near the 142.50-142.45 region. "
  • Usd/jpy climbing back into 145.00, clawing back losses after tumble from 147.00. According to FXStreet on Friday, 8 December, "Despite the Dollar-positive NFP release, the USD/JPY remains deep in the red for the trading week after the Yen surged in one of its single best trading days in 13 months, fueled by speculation that the BoJ could finally be ending its negative rate regime as the Japanese central bank moves towards tighter monetary policy.", "Thursday's dip and Friday's moderate recovery sees the USD/JPY setting up a technical bounce from the 200-day SMA just above 142.00, and the trick for Greenback bidders will be to push the pair back towards the 147.00 handle, where they can take a fresh run at the 50-day SMA parked just below the 150.00 major price level."

More news about EUR/JPY (EURJPY).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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