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USD/EUR Over 2% Down In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.27% for the last 21 sessions. At 20:12 EST on Tuesday, 27 June, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 1.209% up from its 52-week low and 12.965% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.02%, a negative 0.10%, and a positive 0.35%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.38% (last week), 0.33% (last month), and 0.35% (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

  • Usd/jpy remains confined in a narrow range below YTD peak, downside seems cushioned. According to FXStreet on Tuesday, 27 June, "The USD/JPY pair extends its sideways consolidative price move for the second successive day on Tuesday and oscillates in a narrow band through the Asian session. ", "In the meantime, Tuesday’s US economic docket – featuring Durable Goods Orders, the Conference Board’s Consumer Confidence Index, New Home Sales and Richmond Manufacturing Index – will be looked upon for some impetus around the USD/JPY pair."
  • Usd/jpy price analysis: mildly bid within immediate bullish channel around 143.50. According to FXStreet on Monday, 26 June, "It’s worth noting that an upward-sloping support line from early May and the 200-SMA, respectively near 140.80 and 139.40 are the extra checks for the USD/JPY bears before taking control.", "However, an upward-sloping trend channel from the last Wednesday joins bullish MACD signals to keep the USD/JPY buyers hopeful."
  • According to FXStreet on Monday, 26 June, "Most economists polled by Reuters predict that the Bank of Japan (BoJ) will step in to halt the Yen’s decline if the USD/JPY reaches 145.00. "
  • Usd/jpy pulls back from YTD peak, trades with modest losses below mid-143.00s. According to FXStreet on Monday, 26 June, "This, along with the Federal Reserve’s (Fed) hawkish outlook, might hold back traders from placing aggressive bearish bets around the USD and help limit any meaningful corrective decline for the USD/JPY pair, at least for now. ", "The data might influence market expectations about the Fed’s next policy move, which, in turn, will drive the USD demand and provide a fresh directional impetus to the USD/JPY pair. "
  • According to FXStreet on Monday, 26 June, "On the other hand, according to a Reuters’ poll, the majority of the economists interviewed believe that the Bank of Japan (BoJ) will intervene to stop the Yen’s fall if the USD/JPY reaches 145.00. "

More news about USD/EUR (USDEUR).

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