(VIANEWS) - USD/EUR (USDEUR) has been up by 1.68% for the last 21 sessions. At 16:07 EST on Wednesday, 26 June, USD/EUR (USDEUR) is $0.94.
USD/EUR's yearly highs and lows, it's 5.536% up from its 52-week low and 2.194% down from its 52-week high.
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- Eur/usd price analysis: falls to near 1.0700 before a throwback support. According to FXStreet on Wednesday, 26 June, "Additionally, the momentum indicator 14-day Relative Strength Index (RSI) is positioned below the 50 level, suggesting a confirmation of a bearish bias for the EUR/USD pair.", "The EUR/USD pair could find immediate support at the psychological level of 1.0700. "
- Eur/usd: topside for eur/usd is very limited – societe generale. According to FXStreet on Monday, 24 June, "Meanwhile, a regression of EUR/USD against the OAT/Bund yield differential suggests that EUR/USD ought to be heading to parity. ", "At the very least, the topside for EUR/USD is very limited and while it has a bit of a Monday morning bid today, I doubt we'll get back to EUR/USD 1.08, let alone higher."
- According to FXStreet on Monday, 24 June, "We see risks skewed to the downside for EUR/USD before the Friday-Sunday events in the US and the EU."
- According to FXStreet on Tuesday, 25 June, "Our eurozone macro team sees continued stress here and we would therefore warn against chasing EUR/USD back to and over 1.08, since there are still many possibly bearish chapters to play out here. "
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