USD/EUR Bullish By 1% In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.73% for the last 10 sessions. At 18:08 EST on Wednesday, 9 October, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 2.444% up from its 52-week low and 4.094% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.25%, 0.05%, and 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.27% (last week), 0.29% (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, 9 October, "Apart from this, subdued US Dollar (USD) demand fails to assist the USD/JPY pair to capitalize on the overnight bounce from the 147.35-147.30 region and contributes to the range-bound price action during the Asian session on Wednesday. ", "This, along with the fact that oscillators on the daily chart have been gaining positive traction, suggests that the path of least resistance for the USD/JPY pair is to the upside. "
  • Usd/jpy price forecast: decisively breaches key resistance yet bearish signs persist. According to FXStreet on Monday, 7 October, "Yet bullish enthusiasm should be tempered by the possibility that USD/JPY may have formed a three-wave "abc" corrective pattern of the medium-term downtrend during July. "
  • Usd/jpy slides below mid-148.00s, downside potential seems limited. According to FXStreet on Monday, 7 October, "This, in turn, offers some support to the Japanese Yen (JPY) and attracts some sellers around the USD/JPY pair. ", "This assists the US Dollar (USD) to preserve its recent strong gains to a seven-week top and should act as a tailwind for the USD/JPY pair."
  • Usd/jpy price forecast: snaps three-day rally, tumbles below 148.50. According to FXStreet on Monday, 7 October, "Given the backdrop, the USD/JPY first resistance will be the 149.14 daily high of October 7. ", "The USD/JPY retreated after rallying for three straight days, even though the US 10-year Treasury noy yield rose five basis points. "
  • According to FXStreet on Monday, 7 October, "Instead of trading around 142 at the start of the week, USD/JPY broke through 148 on Friday on the back of strong US employment data. "

More news about USD/EUR (USDEUR).

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