(VIANEWS) - USD/EUR (USDEUR) has been up by 1.65% for the last 10 sessions. At 12:08 EST on Friday, 28 July, USD/EUR (USDEUR) is $0.91.
USD/EUR's yearly highs and lows, it's 2.086% up from its 52-week low and 13.623% down from its 52-week high.
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 extends its downside near the 1.1040 mark, ecb-fed meeting eyed. According to FXStreet on Wednesday, 26 July, "The EUR/USD pair extends its downside and edges lower to the 1.1040 mark in the early Asian session. "
- Eur/usd technical analysis: it is not for sale - 26 July 2023. According to DailyForex on Wednesday, 26 July, "In this scenario, I don't think the EUR/ EUR/USD is materially lower in terms of an initial reaction and is likely to remain near the 1.10 handle once the dust settles, before resuming a potential rally," he said.", "This is because we have not yet seen a major top or lower bottom pattern to indicate that the long-term uptrend is over," the analyst stated, "If anything, EUR/USD is now in a potential support zone between 1.100 to 1.1095," he added."
- Eur/usd skates on thin ice around 1.1050 as euro traders fear fed, ECB policy pivot after July. According to FXStreet on Wednesday, 26 July, "It should be noted that the downbeat Eurozone and German statistics have been the major cause for the EUR/USD pair's weakness in the last six days as the same challenges the ECB hawks even if they show readiness to increase the rates to battle the inflation woes.", "A clear U-turn from the 10-month-old previous support line, now resistance around 1.1290, joins the bearish MACD signals to keep the EUR/USD sellers hopeful."
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