(VIANEWS) – USD/EUR (USDEUR) has been up by 2.72% for the last 21 sessions. At 06:11 EST on Tuesday, 22 October, USD/EUR (USDEUR) is $0.92.
USD/EUR’s yearly highs and lows, it’s 3.633% up from its 52-week low and 2.736% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.19%, 0.15%, and 0.29%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.34% (last week), 0.30% (last month), and 0.29% (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
- Difficult short-term outlook for eur/usd – commerzbank. According to FXStreet on Monday, 21 October, "This means that in order to see significantly higher EUR/USD levels, we would probably need to see an end to the USD rally.", "This does not mean that we will not see higher EUR/USD levels in the coming weeks. "
- Eur/usd hovers near 1.0850, downside seems possible due to shift in policies outlook. According to FXStreet on Monday, 21 October, "Such a move could weigh on the Euro and exert downward pressure on the EUR/USD pair."
- Eur/usd grinds closer to 1.08 in Monday fallback. According to FXStreet on Monday, 21 October, "The EUR/USD pair continues to trade with a bearish bias, currently hovering around 1.0815 after a decisive break below both the 50-day EMA at 1.0990 and the 200-day EMA at 1.0902. "
- According to FXStreet on Monday, 21 October, "Thursday’s release of PMIs across the Eurozone region will also be crucial to EUR/USD this week. ", "Unless there is a miraculous recovery in these (which seems unlikely), EUR/USD should stay relatively offered in a 1.08-1.09 range."
- Eur/usd oscillates in a range above 1.0800, not out of the woods yet. According to FXStreet on Tuesday, 22 October, "This, along with persistent geopolitical risks, is seen underpinning the safe-haven buck, which, in turn, supports prospects for a further near-term depreciating move for the EUR/USD pair.", "This, along with Philadelphia Fed President Patrick Harker’s scheduled speech, might influence the USD price dynamics and provide some impetus to the EUR/USD pair. "
More news about USD/EUR (USDEUR).
