(VIANEWS) – USD/EUR (USDEUR) has been up by 1.58% for the last 21 sessions. At 12:08 EST on Wednesday, 6 March, USD/EUR (USDEUR) is $0.92.
USD/EUR’s yearly highs and lows, it’s 3.304% up from its 52-week low and 4.263% 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 0.03%, a negative 0.05%, and a positive 0.27%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.21% (last week), 0.19% (last month), and 0.27% (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 Monday, 4 March, "Moreover, oscillators on the daily chart are holding in the positive territory and support prospects for some meaningful upside for the USD/JPY pair. ", "Some follow-through selling, leading to a break below the 149.00 mark, might shift the bias in favour of bearish traders and make the USD/JPY pair vulnerable. "
- Usd/jpy price analysis: dips amid range-bound trade, hovers around 150.00. According to FXStreet on Tuesday, 5 March, "The USD/JPY lost traction during the mid-North American session, edged down 0.30%, and exchanged hands at 150.08 after reaching a weekly high of 150.57 on Monday.", "From a daily chart perspective, the USD/JPY is trading sideways capped on the upside by the 151.00 figure, while on the downside is the Tenkan-Sen at 150.02. "
- Usd/jpy: scope for only a moderate move lower in the coming months – rabobank. According to FXStreet on Monday, 4 March, "While we favour an April rate hike over a move in March, we expect USD/JPY to edge lower into the March 19 meeting in anticipation of an early move.", "That said, given the resilience of the US economy and related US inflation risks, we see downside potential in USD/JPY to be limited to a move back to 140.00 on a 12-month view."
- According to FXStreet on Tuesday, 5 March, "The subsequent could drag the USD/JPY pair to the 148.30 support en route to the 148.00 mark and the 100-day Simple Moving Average (SMA), currently pegged near the 147.80 region.", "The USD/JPY pair might then surpass the 151.00 mark and accelerate the momentum towards the 151.45 intermediate resistance en route to the 152.00 neighbourhood, or a multi-decade peak set in October 2022 and retested in November 2023."
- Usd/jpy analysis: dollar still stronger – 06 March 2024. According to DailyForex on Wednesday, 6 March, "So far, regardless of Jerome Powell’s testimony today and the US job numbers by the end of the week, we still prefer buying the USD/JPY currency pair from every downward level. ", "Conversely, during the same period, the bulls’ movement in the USD/JPY pair towards resistance levels at 150.85 and 151.40 will be in response to the technical indicators’ movement towards strong overbought levels."
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