(VIANEWS) - EUR/JPY (EURJPY) has been up by 3.8% for the last 21 sessions. At 13:07 EST on Sunday, 31 December, EUR/JPY (EURJPY) is $155.67.
EUR/JPY's yearly highs and lows, it's 13.293% up from its 52-week low and 5.241% down from its 52-week high.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EUR/JPY's Forex is considered to be oversold (<=20).
News about
- Eur/usd posts modest gains around 1.1070 as traders enter holiday mode. According to FXStreet on Friday, 29 December, "The EUR/USD pair posts modest gains after retreating from a monthly high of 1.1139 during the early Asian trading hours on Friday. ", " That being said, the hawkish stance from the European Central Bank (ECB) lends some support to the Euro (EUR) and acts as a tailwind for the EUR/USD pair. "
- Eur/usd paddles near 1.1050 to round out 2023. According to FXStreet on Friday, 29 December, "The EUR/USD is still down nearly 2% from 2023's peak at 1.1275 set in July, but the pair is leaning firmly into the bullish side as broader markets continue to sell off the Greenback in anticipation of rate cuts from the Federal Reserve (Fed) in 2024.", "A protracted post-holiday trading week will give way to another extended holiday following the New Year's market closures, and the EUR/USD is set to head into the new year catching technical support from the 200-hour SMA just above the 1.1000 handle."
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