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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.73% for the last 21 sessions. At 19:07 EST on Monday, 8 January, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 2.92% up from its 52-week low and 4.619% 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 0.25%, a negative 0.07%, and a positive 0.34%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.34% (last week), 0.38% (last month), and 0.34% (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

  • According to FXStreet on Monday, 8 January, "Hence, it will be prudent to wait for some follow-through buying beyond the multi-week high, around the 146.00 mark, before positioning for an extension of the USD/JPY pair’s recent recovery from the 140.25 region, or a multi-month trough touched in December. ", "A convincing break below the latter might shift the near-term bias back in favour of bearish traders and make the USD/JPY pair vulnerable to test the next relevant support near the 142.35-142.30 horizontal zone before eventually dropping to the 142.00 round figure. "
  • Usd/jpy analysis: eyes on central bank policies – 08 January 2024. According to DailyForex on Monday, 8 January, "The USD/JPY pair is still trading inside an upward channel that formed recently. ", "The improvement in US job numbers stronger than all expectations helped the USD/JPY bulls rush towards the 145.98 resistance level. "

More news about USD/EUR (USDEUR).

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