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

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.54% for the last 21 sessions. At 00:12 EST on Friday, 14 July, USD/EUR (USDEUR) is $0.89.

USD/EUR’s yearly highs and lows, it’s 0.067% up from its 52-week low and 15.112% 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 0.52%, a negative 0.17%, and a positive 0.34%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.52% (last week), 0.39% (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

  • According to FXStreet on Wednesday, 12 July, "From our perspective, EUR/USD is still too far from the upper end of our expected Q3 1.0500-1.1250 range (same as Q2) to make a short trade a good risk/reward one, even if we tend to line up on the side of upside CPI surprises. "
  • Eur/usd might well return above the 1.11 mark – commerzbank. According to FXStreet on Wednesday, 12 July, "If any signals from the ECB remain relatively hawkish because the doves on the council continue to receive less attention than the hawks, EUR/USD might well return above the 1.11 mark."
  • Eur/usd technical analysis: bullish momentum ahead – 12 July 2023. According to DailyForex on Wednesday, 12 July, "For four consecutive trading sessions, the price of the EUR/USD currency pair received a strong bullish momentum. ", "It is possible that the lack of fulfillment of market expectations will push the markets to bet on the possibility of only one rise, which will affect yields and the dollar as bets on a decline in movement in September.EUR/USD forecast today:The stability of the price of the EUR/USD currency pair above the psychological resistance 1.1000 will be important for more bulls controlling the trend."
  • Eur/usd maintains strength above 1.1000 as US dollar extends downside ahead of US inflation. According to FXStreet on Wednesday, 12 July, "The EUR/USD pair has confidently shifted above the psychological resistance of 1.1000 in the Asian session. "
  • According to FXStreet on Wednesday, 12 July, "The pair has disconnected from EUR/USD and its own interest differential and, since the start of the year, the best driver explaining CHF appreciation is the contraction in Swiss banks’ sight deposits. "

More news about USD/EUR (USDEUR).

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