USD/EUR Over 1% Down In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.88% for the last 21 sessions. At 03:06 EST on Wednesday, 1 February, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 5.621% up from its 52-week low and 12.335% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.15%, a negative 0.09%, and a positive 0.52%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.19% (last week), 0.42% (last month), and 0.52% (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

  • Eur/usd price analysis: sellers cheer three-week-old support break around 1.0850. According to FXStreet on Monday, 30 January, "However, the 200-SMA and January 10 low, respectively near 1.0720 and 1.0710, could challenge the EUR/USD bears afterward.", "Should the EUR/USD pair remains firmer past 1.1000, its rally toward January 2022 low near 1.1120 can’t be ruled out."
  • Eur/usd technical analysis: fateful trading week – 30 January 2023. According to DailyForex on Monday, 30 January, "Technical analysis of the EUR/USD pair:In the near term and according to the performance on the hourly chart, it seems that the EUR/USD currency pair is trading within the formation of a descending channel.", "In the long term and according to the performance on the daily chart, it seems that the EUR/USD currency pair trades within the formation of an ascending channel. "
  • Eur/usd reflects market tension around 1.0870 ahead of German gdp, fed vs. ECB battle. According to FXStreet on Monday, 30 January, "As a result, the first readings of Germany’s fourth quarter (Q4) Gross Domestic Product (GDP), expected to the east to 0.0% versus 0.4% prior, will be important to watch for immediate directions as downbeat German data allows the EUR/USD bears to extend two-day downtrend.", "Additionally underpinning the EUR/USD upside are the mixed US data and the cautious optimism in the market as China returns to trading after one full week of the Lunar New Year holidays."

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