(VIANEWS) – USD/EUR (USDEUR) has been up by 1.82% for the last 10 sessions. At 11:10 EST on Thursday, 3 August, USD/EUR (USDEUR) is $0.91.
USD/EUR’s yearly highs and lows, it’s 3.067% up from its 52-week low and 12.793% 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 0.21%, a negative 0.04%, and a positive 0.32%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.44% (last week), 0.35% (last month), and 0.32% (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
- According to FXStreet on Tuesday, 1 August, "Furthermore, the constructive view of EUR/USD appears unchanged as long as the pair trades above the key 200-day SMA.", "If bears push harder, EUR/USD should put the weekly low of 1.0943 (July 28) to the test sooner rather than later ahead of a probable move to the interim 55-day and 100-day SMAs at 1.0910 and 1.0908, respectively. "
- Eur/usd forex signal: looking weakly bearish below $1.1000 – 01 August 2023. According to DailyForex on Tuesday, 1 August, "My previous EUR/USD signal on 24th July was not triggered, as none of the key levels were reached that day.", "In my previous analysis of the EUR/USD currency pair on 24th July, I wrote that the drop below the former support level at $1.1089 was a bearish sign, so I was looking for a potential short trade from two consecutive lower hourly closes below $1.1070 after New York opens."
- Eur/usd technical analysis: the selling pressure remains – 01 August 2023. According to DailyForex on Tuesday, 1 August, "As I mentioned yesterday, the EUR/USD currency pair may remain under downward pressure until the markets react to the announcement of inflation numbers in the eurozone and US job numbers. ", "This needs to hold to suggest weakness is corrective before strength returns to 1.1152 and then a retest of 1.1275/77," he added.EUR/USD Technical OutlookThe price of the EUR/USD currency pair is heading lower, forming lower highs linked to a stable downtrend line since mid-July."
- According to FXStreet on Tuesday, 1 August, "The report could influence the action in EUR/USD due to its potential influence on the market pricing of the Fed’s rate outlook. ", "In case EUR/USD reclaims 1.1000, 1.1070 (20-day SMA) could be seen as the next recovery target before 1.1100 (psychological level) and 1.1150 (static level)."
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