(VIANEWS) - USD/EUR (USDEUR) has been up by 1.6% for the last 21 sessions. At 23:06 EST on Thursday, 25 January, USD/EUR (USDEUR) is $0.92.
USD/EUR's yearly highs and lows, it's 3.946% up from its 52-week low and 3.668% 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
- According to FXStreet on Wednesday, 24 January, "The re-emergence of the appetite for the risk complex weighed on the Dollar and lifted EUR/USD past 1.0900. ", "In Europe, EUR/USD surpassed the 1.0900 hurdle and reached fresh multi-day highs, although the move fizzled out towards the end of the NA session. "
- Eur/usd price analysis: moves lower to near 1.0880 followed by the 38.2% fibonacci level. According to FXStreet on Thursday, 25 January, "This configuration suggests that the short-term moving average is lagging behind the long-term moving average, signaling a potential bearish momentum in the EUR/USD pair.", "The 14-day Relative Strength Index (RSI) for the EUR/USD pair is positioned below the 50 mark, indicating a bearish momentum in the market."
- Eur/usd forex signal: bullish “v” at $1.0822 - 24 January 2024. According to DailyForex on Wednesday, 24 January, "My previous EUR/USD signal on 22ndJanuarywas not triggered as there was insufficiently bullish price action when the support level at $1.0888 was first reached that day.", "In my previous analysis ofthe EUR/USD currency pairtwo days ago, I wrote that the price would probably not move much today, giving little trading opportunities except perhaps for scalpers."
- Eur/usd rebounds into near-term median after US PMI surges above forecasts. According to FXStreet on Wednesday, 24 January, "The EUR/USD drove back into the high side near 1.0930 on Wednesday after markets shrugged off a miss for pan-European Purchasing Managers Index (PMI) figures before a follow-up beat in US PMIs sent risk appetite skidding back into the safe havens. ", "A widening consolidation range is highlighting the increased volatility in the EUR/USD despite keeping the pair close to long-term support near 1.0850."
- Eur/usd advances to near 1.0890 after the mixed eurozone, German PMI data. According to FXStreet on Wednesday, 24 January, "The EUR/USD pair edges higher to near 1.0880 during the European session on Wednesday. ", "Additionally, the subdued US Treasury yields are contributing to downward pressure for the US Dollar (USD), which in turn, underpins the EUR/USD pair."
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