USD/EUR Drops By 1% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.54% for the last 21 sessions. At 18:06 EST on Sunday, 8 September, USD/EUR (USDEUR) is $0.90.

USD/EUR’s yearly highs and lows, it’s 0.986% up from its 52-week low and 5.789% 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 0.12%, a negative 0.11%, and a positive 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.24% (last week), 0.31% (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 overbought (>=80).

News about

  • According to FXStreet on Friday, 6 September, "On the upside, the USD/JPY pair might first encounter a barrier at the nine-day EMA around 144.60, followed by the 21-day EMA at 146.02. ", "Additionally, the USD/JPY pair has encountered headwinds due to a softer US Dollar (USD), driven by dovish comments from Federal Reserve (Fed) officials."
  • Usd/jpy finds support near 142.00, recovers few pips from over one-month low ahead of NFP. According to FXStreet on Friday, 6 September, "Any meaningful recovery for the USD/JPY pair, however, seems elusive in the wake of divergent Fed-Bank of Japan (BoJ) policy outlook. ", "Apart from this, renewed worries about a US economic downturn, along with persistent geopolitical tensions, might continue to underpin the safe-haven JPY and contribute to capping the upside for the USD/JPY pair. "
  • Usd/jpy: A death cross is upon us – OCBC. According to FXStreet on Friday, 6 September, "Fed-BoJ policy shifts and growing pace of normalisation can bring about faster narrowing of UST-JGB yield differentials and this should continue to underpin the broader direction of travel for USD/JPY to the downside."
  • Usd/jpy holds losses after weak nfps from the US. According to FXStreet on Friday, 6 September, "The USD/JPY tallies 0.30% losses on Friday as the USD extends its broad weakness after soft Nonfarm Payrolls figures from the US.", "The USD/JPY outlook is negative as the Relative Strength Index (RSI) hovers near the oversold level of 30, signaling potential downward momentum which could eventually lead to a correction though. "
  • Usd/jpy price forecast: downtrend resumes boosted by falling US yields. According to FXStreet on Friday, 6 September, "The USD/JPY extended its losses late on Friday’s North American session, bolstered by the losses of the yield of the US 10-year T-note. ", "The USD/JPY downtrend continued after the latest US Nonfarm Payrolls report sparked volatility in the pair, which seesawed within a 230-pip range on the day, but as the dust settled, sellers remained in charge."

More news about USD/EUR (USDEUR).

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