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

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.01% for the last 21 sessions. At 05:29 EST on Monday, 10 July, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 1.109% up from its 52-week low and 13.051% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.12%, a negative 0.08%, and a positive 0.34%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.32% (last week), 0.35% (last month), and 0.34% (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 overbought (>=80).

News about

  • Eur/usd price analysis: bulls await a breakout through two-month-old descending trend-line. According to FXStreet on Monday, 10 July, "This, in turn, is seen acting as a tailwind for the EUR/USD pair and limiting the downside, warranting some caution for aggressive traders and before positioning for any meaningful fall.", "Bulls, however, might wait for a convincing breakout through a descending trend-line hurdle extending from the May swing high, currently around the 1.0980-1.0985 area, above which the EUR/USD pair could retest the June swing high, around the 1.1010 zone. "
  • Eur/usd: greater risk of some pull-back towards 1.08 rather than trading sustainably above 1.10 – ING. According to FXStreet on Monday, 10 July, "We expect mostly USD-driven moves in EUR/USD this week, and see a greater risk of some pull-back towards 1.0800 rather than trading sustainably above 1.1000 - which could however be possible should US CPI surprise on the soft side."
  • Eur/usd: weekly forecast 9th July – 15th July – 09 July 2023. According to DailyForex on Sunday, 9 July, "The EUR/USD has gone into the weekend near the 1.09680 ratio, which is within sight of the high made only a few hours before the Forex markets closed. ", "The highs the EUR/USD made going into the weekend were intriguing, and Monday’s opening should be watched. "

More news about USD/EUR (USDEUR).

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