(VIANEWS) – USD/EUR (USDEUR) has been up by 1.6% for the last 5 sessions. At 16:07 EST on Tuesday, 25 July, USD/EUR (USDEUR) is $0.90.
USD/EUR’s yearly highs and lows, it’s 1.973% up from its 52-week low and 13.719% 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
- Usd/jpy price analysis: subdued around 141.00 amidst technical indicators turning bearish. According to FXStreet on Monday, 24 July, "if USD/JPY breaks above 142.00, the next resistance will emerge at the top of the Ichimoku Cloud (Kumo) at around 142.80/95, ahead of challenging 143.00.", "Hence, during the last couple of days, price action has tried to shift the USD/JPY pair bearish, with three technical indicators paving the way for further downside. "
- Usd/jpy technical analysis: central bank policies determine the fate – 24 July 2023. According to DailyForex on Monday, 24 July, "In the near term, and according to the performance on the hourly chart, it appears that the USD/JPY currency pair is trading within a bullish channel formation.", "According to the fundamental analysis, the USD/JPY currency pair is trading affected by the results of the recent economic data, as the Japanese National Consumer Price Index for June missed the expected change (yearly) by 3.5% with a change of 3.3%. "
- Usd/jpy holds steady around mid-141.00s, traders seem non-committed ahead of key event risks. According to FXStreet on Tuesday, 25 July, "This holds back traders from placing aggressive directional bets around the USD/JPY pair.", "This, along with important US macro releases, including the Advance Q2 GDP report and the Core PCE Price Index (the FEd’s preferred inflation gauge) will help determine the next leg of a direcitonal move for the USD/JPY pair."
- Usd/jpy: more verbal intervention if the bounce accelerates toward 145 – socgen. According to FXStreet on Monday, 24 July, "Economists at Société Générale analyze USD/JPY outlook ahead of the BoJ meeting.", "It would be an almighty surprise if they tweaked the band and would trigger a seismic retracement in USD/JPY and other JPY crosses considering the shifts last week. "
More news about USD/EUR (USDEUR).
