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USD/EUR Over 2% Down In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.72% for the last 21 sessions. At 05:13 EST on Monday, 17 April, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 0.886% up from its 52-week low and 13.099% down from its 52-week high.

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  • Eur/usd faces barricades around 1.1000 as chances for fed’s rate hike remain stubborn. According to FXStreet on Sunday, 16 April, "The EUR/USD pair is struggling to extend its recovery above the psychological resistance of 1.1000 in the early Asian session. "
  • Eur/usd price analysis: extends pullback from one-year high to 1.0970 horizontal support. According to FXStreet on Monday, 17 April, "Even if the EUR/USD buyers manage to cross the 1.1040 hurdle, the latest peak of 1.1075 appears a tough nut to crack for them ahead of challenging the late March 2022 high of near 1.1185.", "Adding strength to the downside bias is the previous day’s EUR/USD decline below the horizontal area comprising multiple levels marked since early February, as well as a one-week-old ascending trend line."
  • Eur/usd rebound approaches 1.1000 as US dollar fades recovery, ecb’s lagarde, pmis in focus. According to FXStreet on Monday, 17 April, "Moving on, ECB President Lagarde is scheduled to speak one more time in the day and can entertain EUR/USD traders. ", "On the other hand, the market’s pricing of the ECB’s 0.25% rate hike and the policymakers’ resistance to utter policy pivot or rate cut, except Governing Council member Mario Centeno, also keeps the EUR/USD buyers hopeful. "

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