(VIANEWS) – USD/EUR (USDEUR) has been up by 2.97% for the last 21 sessions. At 14:08 EST on Friday, 26 May, USD/EUR (USDEUR) is $0.93.
USD/EUR’s yearly highs and lows, it’s 3.406% up from its 52-week low and 11.076% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.08%, 0.12%, and 0.42%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.26% (last week), 0.28% (last month), and 0.42% (last quarter), respectively.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/EUR’s Forex is considered to be oversold (<=20).
News about
- Eur/usd price analysis: double bottom around 1.0760 keeps euro buyers hopeful. According to FXStreet on Wednesday, 24 May, "Not only the "Double Bottom" formation but the recent improvements in the RSI (14) line from the oversold territory and the bullish MACD signals also underpin the hopes of the EUR/USD pair’s further recovery.", "On the contrary, EUR/USD pullback remains elusive unless the quote stays beyond the "Double Bottom" of around 1.0760."
- Eur/usd clings to multi-day low near 1.0740 as US debt limit negotiations fuel cautious mood. According to FXStreet on Thursday, 25 May, "However, the latest improvement in the S&P500 Futures, despite a downbeat Wall Street close, puts a floor under the EUR/USD prices.", "An upward-sloping support line from late November 2022, close to 1.0690 by the pres time, could challenge EUR/USD bears amid nearly oversold RSI (14) conditions."
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