USD/EUR Bearish Momentum: 0.82% Down In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.82% for the last 5 sessions. At 13:07 EST on Monday, 16 September, USD/EUR (USDEUR) is $0.90.

USD/EUR’s yearly highs and lows, it’s 0.627% up from its 52-week low and 6.123% 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 0.03%, a negative 0.09%, and a positive 0.26%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.26% (last week), 0.32% (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

  • Usd/jpy seems vulnerable near YTD low, around mid-140.00s ahead of fed/boj meetings this week. According to FXStreet on Monday, 16 September, "In the meantime, the divergent Fed-BoJ policy expectations led to the recent unwinding of the Japanese Yen (JPY) carry trades and continue to exert some downward pressure on the USD/JPY pair.", "This, in turn, suggests that the path of least resistance for the USD/JPY pair remains to the downside and supports prospects for an extension of a well-established downtrend witnessed over the past two months or so. "
  • Usd/jpy price analysis: tests 14-month lows; next support at 140.00. According to FXStreet on Monday, 16 September, "However, the 14-day Relative Strength Index (RSI), a momentum indicator, is positioned below the 30 level, suggesting an oversold situation for the USD/JPY pair and a potential for an upward correction soon.", "An analysis of the daily chart showed the USD/JPY pair moves downward within a descending channel, indicating a confirmed bearish bias."
  • Usd/jpy refreshes annual low below 140.00 in monetary policy-packed week. According to FXStreet on Monday, 16 September, "The USD/JPY pair posts a fresh annual low at 139.50 in Monday’s North American session. "
  • According to FXStreet on Monday, 16 September, "JPY net long positions are at their highest level since October 2016, and USD/JPY is trading at yearly lows at the time of writing. "

More news about USD/EUR (USDEUR).

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