(VIANEWS) – USD/EUR (USDEUR) has been up by 2.47% for the last 21 sessions. At 06:08 EST on Wednesday, 7 June, USD/EUR (USDEUR) is $0.93.
USD/EUR’s yearly highs and lows, it’s 3.639% up from its 52-week low and 10.876% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.03%, 0.11%, and 0.39%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.36% (last week), 0.27% (last month), and 0.39% (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 strengthens amidst slowing US economy, hawkish ECB comments. According to FXStreet on Monday, 5 June, "From a technical perspective, the EUR/USD is neutral to downward biased, though testes briefly the 200-day Exponential Moving Average (EMA) at 1.0687, though bounced for the third time. ", "on the flip side, the EUR/USD first resistance would be the 100-day EMA at 1.0769, the 20-day EMA at 1.0788, and the 1.0800 figure."
- Eur/usd price analysis: euro struggles to defend corrective bounce off 1.0700. According to FXStreet on Monday, 5 June, "Alternatively, a fortnight-long descending resistance line precedes the 100-SMA level, respectively near 1.0760 and 1.0770, limiting the short-term downside of the EUR/USD pair.", "Following that, the 78.6% Fibonacci retracement level of the pair’s March-April rise, near 1.0635, will gain the EUR/USD bear’s attention."
- Eur/usd price analysis: euro bears attack 1.0690-85 key support as US data looms. According to FXStreet on Monday, 5 June, "That said, the quote’s clear U-turn from the 100-day Exponential Moving Average (EMA), currently around 1.0770, allows the EUR/USD bears to prod a convergence of the 200-day EMA and an upward-sloping trend line from late November 2022.", "It’s worth noting that the broad US Dollar and downbeat concerns about the Eurozone keep the EUR/USD bears hopeful as traders await the US ISM Services PMI and Factory Orders."
More news about USD/EUR (USDEUR).
