(VIANEWS) – USD/EUR (USDEUR) has been up by 0.91% for the last 5 sessions. At 17:11 EST on Thursday, 18 January, USD/EUR (USDEUR) is $0.92.
USD/EUR’s yearly highs and lows, it’s 3.664% up from its 52-week low and 3.929% 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 oversold (<=20).
News about
- Eur/usd: there is clean support at 1.0875/1.0880 – ING. According to FXStreet on Tuesday, 16 January, "We think the Waller speech could see that support level hold and EUR/USD end higher on the day. "
- Eur/usd forex signal: red alert as a bearish flag pattern forms – 16 January 2024. According to DailyForex on Tuesday, 16 January, "The EUR/USD pair remained in a tight range after Robert Holzman, an influential ECB member warned that rates might not come this year after all. ", "The next important EUR/USD news will come from Germany and Italy, which will publish the final December inflation numbers. "
- Eur/usd seen at risk of dipping to 1.05 on a thee-month view – rabobank. According to FXStreet on Tuesday, 16 January, "We see risk of EUR/USD dipping to 1.05 on a thee-month view mostly on the back of the market pushing back its expectations regarding Fed rate cuts."
- According to FXStreet on Tuesday, 16 January, "The EUR/USD fell to its lowest bids since mid-December, knocking below the 1.0900 handle and testing into 1.0870 as bearish pressure builds enough to knock the pair out of near-term consolidation.", "The EUR/USD is approaching the 200-day Simple Moving Average (SMA) near 1.0850, cutting cleanly through the 50-day SMA at 1.0900 as the pair heads into a technical congestion zone. "
- Eur/usd price analysis: edges lower to near 1.0910, MACD suggests trend change to bearish. According to FXStreet on Tuesday, 16 January, "This suggests a potential shift in momentum towards a downward trend for the EUR/USD pair. ", "A break below the support zone could put pressure on the EUR/USD pair to navigate the further region around the 38.2% Fibonacci retracement at 1.0867 level followed by the major support at 1.0850 level."
More news about USD/EUR (USDEUR).
