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USD/EUR Bullish Momentum: 0.794% Up In The Last 24 Hours

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.7939% for the last session’s close. At 12:07 EST on Friday, 2 February, USD/EUR (USDEUR) is $0.93.

USD/EUR (USDEUR) Range

Concerning USD/EUR’s daily highs and lows, it’s 0.706% up from its trailing 24 hours low of $0.92 and 0.086% down from its trailing 24 hours high of $0.93.

USD/EUR’s yearly highs and lows, it’s 4.499% up from its 52-week low and 3.156% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.10%, 0.10%, and 0.32%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.15% (last week), 0.22% (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 DailyForex on Thursday, 1 February, "If the USD/JPY pair breaches this level, it would bring into play the 50-day Exponential Moving Average and eventually the 145 yen level. ", "In fact, the Japanese yen appears to be an unattractive asset for investors, irrespective of whether they are actively trading the USD/JPY pair. "
  • Usd/jpy analysis: momentum downwards and trading concerns that follow – 01 February 2024. According to DailyForex on Thursday, 1 February, "While many traders may feel the USD/JPY remains in somewhat overbought territory patience is needed and speculators should not be overly ambitious. ", "The 147.000 mark now appears to be a very interesting resistance price level in the short-term for USD/JPY traders."
  • According to DailyForex on Wednesday, 31 January, "Overall, the USD/JPY market maintains a general inclination towards an upward trajectory. "
  • According to FXStreet on Wednesday, 31 January, "From a technical perspective, the USD/JPY pair has been oscillating in a familiar range around the 100-day Simple Moving Average (SMA) over the past two weeks or so. ", "The US Dollar (USD), on the other hand, remains confined in a familiar range amid the uncertainty over the timing of when the Federal Reserve (Fed) will start cutting interest rates and further contributes to the offered tone surrounding the USD/JPY pair. "
  • According to FXStreet on Thursday, 1 February, "USD/JPY caught a slight bid to push the pair back into the 147.00 handle heading into the Thursday market session after USD/JPY traders got a workout thanks to Wednesday’s outing from the US Federal Reserve (Fed) and Fed Chairman Jerome Powell."

More news about USD/EUR (USDEUR).

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