USD/EUR Bearish By 2% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.57% for the last 21 sessions. At 23:18 EST on Thursday, 29 August, USD/EUR (USDEUR) is $0.90.

USD/EUR’s yearly highs and lows, it’s 1.12% up from its 52-week low and 5.664% 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 positive 0.03%, a negative 0.14%, and a positive 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.39% (last week), 0.35% (last month), and 0.28% (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

  • According to FXStreet on Wednesday, 28 August, "However, conflicting policy outlooks from the Bank of Japan (BoJ) and the Federal Reserve (Fed) are exerting downward pressure on the USD/JPY pair. ", "On the downside, if the USD/JPY pair stays below the downtrend line, it could hover around the seven-month low of 141.69, recorded on August 5. "
  • Usd/jpy price forecast:  climbs amid strong US dollar, eyes 145.00. According to FXStreet on Wednesday, 28 August, "The USD/JPY reverses its course and registers decent gains of over 0.50% on Wednesday as the Greenback gains some steam, yet it remains vulnerable to the release of crucial data over the remainder of the week. ", "Conversely, if USD/JPY remains below 145.00, this could pave the way for testing the 144.00 figure. "
  • According to FXStreet on Thursday, 29 August, "Their effect on USD/JPY only became sustainable when they were accompanied by idiosyncratic USD weakness and, in particular, when it became foreseeable that the BoJ’s monetary policy would turn.", "Most of the MOF’s foreign exchange reserves may have been purchased at much lower USD/JPY rates."
  • Usd/jpy price forecast: post modest gains yet remains shy of 145.00. According to FXStreet on Thursday, 29 August, "If USD/JPY decisively clears 145.00, this could pave the way for further upside. ", "Once the USD/JPY slid below the Ichimoku cloud and the 200-day moving average (DMA), it opened the door to posting a multi-month low of 141.69. "

More news about USD/EUR (USDEUR).

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