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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.67% for the last 21 sessions. At 15:48 EST on Sunday, 27 August, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 4.375% up from its 52-week low and 11.687% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.12%, 0.09%, and 0.31%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.29% (last week), 0.27% (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 oversold (<=20).

News about

  • Eur/usd approaches key support near 1.0760, German data, ECB vs. fed play at Jackson hole eyed. According to FXStreet on Friday, 25 August, "Moving forward, the final readings of Germany’s second quarter (Q2) Gross Domestic Product (GDP) will precede the nation’s IFO sentiment data for August to entertain the EUR/USD traders. ", "An ascending support line from March 15, close to 1.0765 by the press time, appears the key support for the EUR/USD bear to break to keep the reins. "
  • Eur/usd: lagarde can give the euro some relief – ING. According to FXStreet on Friday, 25 August, "We think there is room for some re-tightening after Lagarde’s speech today, and for EUR/USD to enjoy a relief rally after the break below 1.0800 saw more bearish momentum building overnight."
  • Eur/usd whipsaws as powell drops inflation bombshell at Jackson hole. According to FXStreet on Friday, 25 August, "The EUR/USD pair trades volatile in a 40 pip range, as the Federal Reserve Chair Jerome Powell warns that inflation remains "too high" in his Jackson Hole speech. ", "The EUR/USD hourly chart shows the pair skyrocketed towards 1.0839 before reversing its course and found bids at 1.0810. "
  • Eur/usd: Jackson hole unlikely to give strong signals that justify a reassessment – commerzbank. According to FXStreet on Friday, 25 August, "Antje Praefcke, FX Analyst at Commerzbank, analyzes how the event could impact the EUR/USD pair."
  • According to FXStreet on Friday, 25 August, "Furthermore, sustained losses are likely in EUR/USD once the 200-day SMA is cleared in a convincing fashion.", "The Euro (EUR) adds to the pessimism seen in the second half of the week vs. the US Dollar (USD) and forces EUR/USD to retreat further and print new ten-week lows in the 1.0780/75 band on Wednesday."

More news about USD/EUR (USDEUR).

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