USD/EUR Bearish Momentum With A 2% Fall In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.82% for the last 21 sessions. At 19:06 EST on Thursday, 30 March, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 2.527% up from its 52-week low and 12.536% down from its 52-week high.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/EUR’s Forex is considered to be overbought (>=80).

News about

  • Usd/jpy keeps the bearish note unchanged around 131.00. According to FXStreet on Tuesday, 28 March, "The continuation of the weak fashion around the greenback put USD/JPY under renewed downside pressure and forced it to revisit the 130.40 region earlier on Thursday.", "The noticeable downtick in USD/JPY eroded part of Monday’s auspicious start of the new trading week on the back of further retracement in the greenback and some safe haven demand in response to still unabated concerns around the banking system."
  • Usd/jpy bears ignore boj’s kuroda near 130.50 as yields retreat amid upbeat mood. According to FXStreet on Tuesday, 28 March, "A three-week-old falling wedge bullish chart formation keeps USD/JPY buyers despite the latest pullback. ", "Moving on, the US Conference Board’s (CB) Consumer Confidence for March, as well as the second-tier housing and activity data, can direct intraday moves of the USD/JPY pair. "
  • Usd/jpy price analysis: 200-hma prods bulls around mid-131.00s. According to FXStreet on Wednesday, 29 March, "That said, USD/JPY rallied nearly 85 pips on breaking a fortnight-long descending trend line. ", "Even so, a downward-sloping resistance line from March 08, close to 131.90 by the press time, closely followed by the 132.00 round figure, could challenge the USD/JPY bulls."

More news about USD/EUR (USDEUR).

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