USD/EUR Bullish Momentum With A 2% Rise In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.17% for the last 10 sessions. At 07:08 EST on Thursday, 10 October, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 2.467% up from its 52-week low and 4.073% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.29%, 0.04%, and 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.30% (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 Tuesday, 8 October, "The Japanese Yen (JPY) remains on the front foot against its American counterpart for the second successive day on Tuesday and drags the USD/JPY pair away from its highest level since August 16 touched the previous day. ", "Moreover, oscillators on the daily chart have been gaining positive traction and suggest that the path of least resistance for the USD/JPY pair is to the upside. "
  • Usd/jpy price forecast: bounces off weekly low, flat above 148.00. According to FXStreet on Tuesday, 8 October, "The USD/JPY remains virtually unchanged after dropping to a two-day low of 147.55 amid hopes of a ceasefire between Hezbollah and Israel, as stated by Hezbollah’s prominent leader, according to CNN. ", "For USD/JPY buyers to resume the uptrend, the first resistance will be the October 7 high at 149.14. "
  • According to FXStreet on Wednesday, 9 October, "A convincing break below the latter could drag the USD/JPY pair to the 146.45 intermediate support en route to the 146.00-145.90 region and the 145.00 confluence support. ", "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: surges above 149.00 sponsored by elevates US yields. According to FXStreet on Wednesday, 9 October, "The USD/JPY is neutral to upward biased after clearing key resistance levels like the 50-day moving average (DMA) and entering the Ichimoku Cloud (Kumo).", "If USD/JPY extends its gains above the August 15 high of 149.39, the 150.00 figure will be exposed. "
  • According to FXStreet on Thursday, 10 October, "Apart from this, the risk-on impulse undermined demand for the safe-haven JPY, which, along with a fresh wave of the US Dollar (USD) buying, pushed the USD/JPY pair to the 149.35 region, or its highest level since mid-August.", "Moreover, oscillators on the daily chart have been gaining positive traction and are away from being in the overbought territory, suggesting that the path of least resistance for the USD/JPY pair is to the upside. "

More news about USD/EUR (USDEUR).

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