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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.26% for the last 5 sessions. At 20:07 EST on Wednesday, 7 August, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 1.916% up from its 52-week low and 4.399% 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 0.24%, a negative 0.07%, and a positive 0.25%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.42% (last week), 0.22% (last month), and 0.25% (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 jumps but fails to grasp 1.10. According to FXStreet on Tuesday, 6 August, "Despite thin, overextended gains on the daily chart, price action has chalked in a rising pattern of higher lows, and bullish hopefuls will be looking to kick EUR/USD into a fresh bullish cycle after the pair spent most of 2024 churning in the midrange."
  • Eur/usd extends its decline near 1.0900 on the recovery of US dollar. According to FXStreet on Wednesday, 7 August, "The EUR/USD pair trades on a softer note near 1.0915 after retracing from seven-month highs of nearly 1.1008 during the Asian trading hours on Wednesday. "
  • Eur/usd flirts with break below 1.09 while greenback sets the record straight. According to FXStreet on Tuesday, 6 August, "With that firm rejection at the psychological level and with the price action now falling back below that red descending trend line, it looks like EUR/USD will need to find support in order to regain strength for the next leg higher. ", "Should EUR/USD be able to rally above there, another leg higher to December’s peak at 1.1139 comes into focus. "
  • Eur/usd bounces off 1.0900 mark, keeps the red amid modest USD strength. According to FXStreet on Wednesday, 7 August, "The EUR/USD pair remains under some selling pressure for the second straight day on Wednesday, albeit manages to hold its neck above the 1.0900 mark through the early European session. ", "Adding to this, the European Central Bank’s (ECB) downbeat view of the Eurozone’s economic prospects continues to undermine the shared currency and exert some downward pressure on the EUR/USD pair. "

More news about USD/EUR (USDEUR).

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