USD/EUR Over 1% Down In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.31% for the last 5 sessions. At 05:07 EST on Tuesday, 10 October, USD/EUR (USDEUR) is $0.94.

USD/EUR’s yearly highs and lows, it’s 6.303% up from its 52-week low and 9.154% 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 negative 0.17%, a positive 0.04%, and a positive 0.31%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.22% (last week), 0.29% (last month), and 0.31% (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 overbought (>=80).

News about

  • Eur/usd price analysis: seems vulnerable near mid-1.0500s amid geopolitical tensions. According to FXStreet on Monday, 9 October, "Apart from this, oscillators on the daily chart - though have recovered from lower levels - are still holding in the negative territory and suggest that the path of least resistance for the EUR/USD pair is to the downside.", "As investors digest the mixed US monthly jobs report released on Friday, fresh geopolitical tensions lend some support to the safe-haven US Dollar (USD) and act as a headwind for the EUR/USD pair. "
  • Eur/usd price analysis: hovers above 1.0550 major level, MACD suggests momentum shift. According to FXStreet on Tuesday, 10 October, "On the upside, the EUR/USD pair could faceresistance near the major level at 1.0600 lined up with the 21-day Exponential Moving Average (EMA) at 1.0605.", "However, the prevailing bullish momentum in the EUR/USD pair indicates a bearish bias, as the 14-day Relative Strength Index (RSI) remains below the 50 level."
  • Eur/usd trades higher around 1.0570 amid palestine-Israel military conflict. According to FXStreet on Monday, 9 October, "The renewed geopolitical tensions could impact the recent surge of the EUR/USD pair. "
  • According to FXStreet on Monday, 9 October, "The continuation of selling pressure on EUR/USD might result in a review of the 2023 low at 1.0448 seen on October 3, with a challenge of the crucial round mark of 1.0400. ", "As long as the EUR/USD remains below the 200-day SMA, additional negative pressure is possible."

More news about USD/EUR (USDEUR).

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