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USD/EUR Bearish Momentum: 0.92% Down In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.92% for the last 10 sessions. At 16:09 EST on Sunday, 5 May, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 4.781% up from its 52-week low and 2.894% 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 0.01%, a positive 0.04%, and a positive 0.26%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.28% (last week), 0.25% (last month), and 0.26% (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 Friday, 3 May, "The next upside barrier for EUR/USD will then be seen at the 100-day SMA at 1.0842. ", "Dovish Fed signals smashed the US Dollar across the board alongside the US Treasury bond yields, driving the EUR/USD pair back above the 1.0700 threshold. "
  • Eur/usd extends winning spell ahead of US nfp, services PMI. According to FXStreet on Friday, 3 May, "Still, investors should remain cautious about EUR/USD longs as the market sentiment could turn sour depending on the outcome of two key data points: the United States Nonfarm Payrolls (NFP) and the ISM Services Purchasing Managers Index (PMI) data for April, which are due in the New York session.", "On the daily time frame, EUR/USD exhibits a sharp volatility contraction as price action has formed a Symmetrical Triangle formation. "
  • Eur/usd breaks above recent congestion as US NFP miss drives down greenback. According to FXStreet on Friday, 3 May, "Friday’s bullish push sent the EUR/USD into the 200-day Exponential Moving Average (EMA) at the 1.0800 handle, with a raft of late-week profit-taking pulling the pair back into 1.0760 as markets head off for the weekend."

More news about USD/EUR (USDEUR).

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