USD/EUR Over 2% Down In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.11% for the last 21 sessions. At 13:07 EST on Friday, 17 May, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.698% up from its 52-week low and 3.898% 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 0.18%, a negative 0.12%, and a positive 0.24%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.28% (last week), 0.25% (last month), and 0.24% (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

  • Eur/usd price analysis: breaks above descending trend channel, the next barrier is seen above 1.0880. According to FXStreet on Wednesday, 15 May, " On the other hand, the first downside target for EUR/USD will emerge near the 100-day EMA at 1.0795. ", "The EUR/USD pair extends the rally near 1.0825 on Wednesday during the early European trading hours."
  • Eur/usd hovers near 1.0900 with an improved risk appetite. According to FXStreet on Thursday, 16 May, "The US Dollar’s (USD) decline is contributing to pressure on the EUR/USD pair, which could be attributed to the improved risk appetite."
  • Eur/usd corrects as fed's hawkish gudaince improves US dollar's appeal. According to FXStreet on Friday, 17 May, "Going forward, EUR/USD is expected to extend its upside towards the psychological resistance of 1.1000."
  • Eur/usd holds above 1.0800 ahead of eurozone gdp, according to US CPI data. According to FXStreet on Wednesday, 15 May, "The EUR/USD pair trades with a bullish bias around 1.0815 during the early Asian trading hours on Wednesday. "
  • According to FXStreet on Wednesday, 15 May, "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 above 50 but EUR/USD needs to flip 1.0800-1.0820 area, where the 200-day and the 100-day Simple Moving Averages (SMA) are located, into support to extend its uptrend. ", "If EUR/USD fails to clear 1.0800-1.0820 area, buyers could get discouraged. "

More news about USD/EUR (USDEUR).

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