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USD/EUR Rises By 2% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.19% for the last 21 sessions. At 07:10 EST on Wednesday, 14 February, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 5.266% up from its 52-week low and 2.445% 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 negative 0.12%, a positive 0.09%, and a positive 0.32%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.12% (last week), 0.25% (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 overbought (>=80).

News about

  • According to FXStreet on Tuesday, 13 February, "Eren Sengezer, European Session Lead Analyst at FXStreet, offers a brief technical outlook for EUR/USD and explains: "EUR/USD holds steady at around 1.0800, where the 100-day Simple Moving Average (SMA) and the Fibonacci 50% retracement of the October-December uptrend align. "
  • Eur/usd: low for longer outlook – rabobank. According to FXStreet on Monday, 12 February, "This factor, combined with the potentially USD supportive factors identified above, underpins our view that EUR/USD is likely to be more comfortable in a 1.0400 to 1.1200 range over the next 24 months or so than at levels over 1.1500."
  • Eur/usd analysis: warning of oversold levels – 12 February 2024. According to DailyForex on Monday, 12 February, "According to the performance on the daily chart above, the general trend of the EUR/USD pair is still bearish, and as we mentioned before, moving below the psychological support level of 1.0800 will support the bears to move further downward. "
  • Eur/usd churns on Monday with pair hampered by technical barriers. According to FXStreet on Monday, 12 February, "The pair remains capped by the 200-hour Simple Moving Average (SMA), and Monday’s test above 1.0800 saw the EUR/USD quickly rejected back into the 1.0770 region.", "The EUR/USD remains down over 3% from December’s peak bids near 1.1150, and a bearish trend sees little topside potential for the pair as the 50-day SMA turns bearish and is set for a downside crossover of the 200-day SMA."
  • Eur/usd can find some support back above 1.0800 – ING. According to FXStreet on Monday, 12 February, "The holding pattern that EUR/USD has shown recently may well remain the norm in the coming weeks.", "We see some modest downside risks for the Dollar this week, and think EUR/USD can find some support back above 1.0800, although a return to the 1.0930/1.0950 area looks premature."

More news about USD/EUR (USDEUR).

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