(VIANEWS) – EUR/USD (EURUSD) has been up by 1.31% for the last 5 sessions. At 17:09 EST on Monday, 10 June, EUR/USD (EURUSD) is $1.08.
Eur/usd struggles near three-week low, seems vulnerable below 100-day sma/1.0800
This, along with the cautious mood around the equity markets, is seen underpinning the safe-haven US Dollar (USD) and turning out to be a key factor exerting some downward pressure on the EUR/USD pair., The EUR/USD pair remains under some selling pressure for the second straight day and drops to over a three-week low during the Asian session on Monday.
EUR/USD’s yearly highs and lows, it’s 3.043% up from its 52-week low and 4.505% 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 0.11%, a positive 0.04%, and a positive 0.26%, respectively.
EUR/USD’s highest amplitude of average volatility was 0.40% (last week), 0.25% (last month), and 0.26% (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).
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