EUR/USD Over 2% Down In The Last 21 Sessions

(VIANEWS) – EUR/USD (EURUSD) has been up by 2.08% for the last 21 sessions. At 09:06 EST on Wednesday, 16 October, EUR/USD (EURUSD) is $1.09.

EUR/USD’s yearly highs and lows, it’s 3.497% up from its 52-week low and 2.863% down from its 52-week high.

Volatility

EUR/USD’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.14%, a negative 0.09%, and a positive 0.27%, respectively.

EUR/USD’s highest amplitude of average volatility was 0.14% (last week), 0.27% (last month), and 0.27% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EUR/USD’s Forex is considered to be overbought (>=80).

Previous days news about EUR/USD (EURUSD)

  • Eur/usd falls toward 1.0900 due to dovish sentiment surrounding the ECB. According to FXStreet on Monday, 14 October, "On the geopolitical front, escalating tensions in the Middle East have sparked concerns of a broader regional conflict, strengthening the safe-haven US Dollar and putting pressure on the risk-sensitive EUR/USD pair. ", "The decline of the EUR/USD pair could also be linked to a stronger US Dollar (USD), fueled by expectations that the US Federal Reserve (Fed) will slow the pace of borrowing cost reductions more than previously anticipated."
  • Eur/usd extends downside below 1.0950 amid stronger US dollar. According to FXStreet on Monday, 14 October, "The EUR/USD pair extends the decline to near 1.0920 during the early Asian session on Monday. "
  • Eur/usd remains depressed below 1.0900, lowest since August 8 amid stronger USD. According to FXStreet on Tuesday, 15 October, "The EUR/USD pair drifts lower for the second straight day on Tuesday and drops to the 1.0890 area in the last hour, back closer to its lowest level since August 8 touched the previous day. ", "Moreover, geopolitical risks benefit the safe-haven buck and support prospects for a further depreciating move for the EUR/USD pair."

More news about EUR/USD (EURUSD).

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