(VIANEWS) – USD/EUR (USDEUR) has been up by 1.88% for the last 10 sessions. At 16:14 EST on Sunday, 21 May, USD/EUR (USDEUR) is $0.92.
USD/EUR’s yearly highs and lows, it’s 2.585% up from its 52-week low and 11.782% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.24%, 0.09%, and 0.42%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.33% (last week), 0.31% (last month), and 0.42% (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: mid-1.0700s appear tough nut to crack for euro bears. According to FXStreet on Friday, 19 May, "In a case where the EUR/USD remains firmer past 1.0910, the odds of witnessing a run-up toward the 1.1000 round figure and then to the monthly high near 1.1095 can’t be ruled out.", "On the flip side, a daily closing beneath the aforementioned broad horizontal support zone of around 1.0760-30, will be detrimental for the EUR/USD pair price as it can make it vulnerable to testing the mid-March low surrounding 1.0515."
- Eur/usd seen at 1.06 in six months – rabobank. According to FXStreet on Saturday, 20 May, "Analysts at Rabobank see the EUR/USD pair moving to the downside over the next months. "
- Eur/usd to reach 1.16 by year-end – UBS. According to FXStreet on Friday, 19 May, "Economists at UBS expect EUR/USD to advance nicely throughout the rest of the year and reach 1.16 by end-2023."
- Eur/usd: next real support level will probably be at 1.0700 – ING. According to FXStreet on Friday, 19 May, "We must remember that EUR/USD was the biggest G10 long positions entering the US debt-ceiling chaos, and since the latest development turned out to be positive for the Dollar, we are probably seeing a substantial long-squeeze in the pair."
More news about USD/EUR (USDEUR).
