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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.9% for the last 21 sessions. At 17:13 EST on Tuesday, 30 January, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.924% up from its 52-week low and 3.689% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.09%, 0.10%, and 0.33%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.20% (last week), 0.22% (last month), and 0.33% (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 signal: broadening wedge forms ahead of fed decision – 29 January 2024. According to DailyForex on Monday, 29 January, "The EUR/USD had an eventful week as investors reacted to several important events. ", "The EUR/USD exchange rate has moved sideways in the past few days as focus now shifts to the upcoming Fed decision. "
  • Eur/usd remains under pressure below 1.0850, German GDP data eyed. According to FXStreet on Monday, 29 January, "This, in turn, might exert some selling on the Euro (EUR) and act as a headwind for the EUR/USD pair."
  • Eur/usd price analysis: inches lower to 1.0840 followed by the monthly low. According to FXStreet on Monday, 29 January, "The significant level at 1.0850 may act as immediate resistance for the EUR/USD pair. ", "The 14-day Relative Strength Index (RSI) for the EUR/USD pair lies below the 50 mark, indicating a bearish momentum in the market. "
  • According to FXStreet on Tuesday, 30 January, "We retain a 1.0800 EUR/USD target for the end of the first quarter but expect a clearer upside path to develop through the second quarter once the first Fed cut looks imminent."
  • Eur/usd should stay soft barring a big fall in US jolts data – ING. According to FXStreet on Tuesday, 30 January, "But barring a sharp fall in the US Job Openings and Labor Turnover Survey (JOLTS) figure today, it looks like EUR/USD will continue to trade on the heavy side."

More news about USD/EUR (USDEUR).

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