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USD/EUR Bullish By 1% In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.05% for the last 5 sessions. At 13:06 EST on Thursday, 11 April, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 5.142% up from its 52-week low and 2.56% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.15%, 0.07%, and 0.25%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.25% (last week), 0.27% (last month), and 0.25% (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

  • Eur/usd stays steady ahead of US cpi, ecb’s policy meeting. According to FXStreet on Tuesday, 9 April, "That would widen the interest rate differentials between the Eurozone (EU) and the US, favoring further EUR/USD downside.", "On the other hand, if sellers clear the confluence of the 50 and 200-DMAs at around 1.0830s, the EUR/USD could challenge the 1.0800 mark. "
  • Eur/usd price analysis: the key support level is seen around 1.0730, oversold RSI condition eyed. According to FXStreet on Thursday, 11 April, "The hotter-than-expected US inflation data boosted the Greenback to yearly highs and exerted some selling pressure on the EUR/USD pair. ", " From a technical perspective, EUR/USD resumes its bearish outlook as the major pair is below the key 100-period Exponential Moving Average (EMA) on the four-hourchart. "
  • Eur/usd price analysis: moves above 1.0850; next barrier at previous week’s high. According to FXStreet on Tuesday, 9 April, "Additionally, technical analysis suggests a bullish sentiment for the EUR/USD pair. ", "On the downside, the EUR/USD pair could find immediate support at the major level of 1.0850, followed by the nine-day EMA at 1.0833. "
  • According to FXStreet on Wednesday, 10 April, "Eren Sengezer, European Session Lead Analyst at FXStreet, offers a brief technical outlook for EUR/USD and explains: "The Relative Strength Index (RSI) indicator on the daily chart stays flat near 50 ahead of the US inflation data, highlighting EUR/USD’s indecisiveness in the short term. ", "If EUR/USD rises above 1.0870 (100-day SMA) and starts using this level as support, it could target 1.0960 (Fibonacci 23.6% retracement level of the October-December uptrend) next. "

More news about USD/EUR (USDEUR).

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