(VIANEWS) – USD/EUR (USDEUR) has been up by 1.11% for the last 10 sessions. At 09:07 EST on Tuesday, 13 August, USD/EUR (USDEUR) is $0.91.
USD/EUR’s yearly highs and lows, it’s 1.816% up from its 52-week low and 4.493% down from its 52-week high.
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, 12 August, "On the upside, the USD/JPY pair could test the immediate barrier at the nine-day Exponential Moving Average (EMA) around the 147.75 level. ", "Support for the USD/JPY pair comes from stronger-than-expected US economic data released last week, leading traders to reduce their expectations for interest rate cuts by the US Federal Reserve."
- According to FXStreet on Monday, 12 August, "A broad-base recovery in the Yen helped to drag USD/JPY down from multi-decade highs, sending the pair plunging below the 200-day Exponential Moving Average (EMA) at 151.84. "
- Usd/jpy: from a disorderly to orderly decline – ING. According to FXStreet on Monday, 12 August, "Lower growth and US rates, plus the Bank of Japan on a path to higher rates (next hike in October) should drag USD/JPY back to the 137/138 area.", "Our call is that USD/JPY will revert to being driven by macro factors rather than by position adjustment. "
- Usd/jpy price forecast: rises, yet struggles at 148.00. According to FXStreet on Monday, 12 August, "The Japanese Yen fails to gain traction late in the North American session versus the Greenback as the USD/JPY rises from last Friday’s daily low of 146.62 and trades at 147.28, up by 0.47%.", "The USD/JPY could extend its losses if the pair slumps past the August 9 low of 146.27. "
- According to FXStreet on Tuesday, 13 August, "The USD/JPY pair receives support as the pressure on the US Dollar eases due to decreased expectations for a 50 basis point interest rate cut by the US Federal Reserve (Fed) in September. ", "On the upside, the USD/JPY pair could test the immediate barrier at the nine-day EMA around the 147.72 level. "
More news about USD/EUR (USDEUR).
