(VIANEWS) - USD/EUR (USDEUR) has been up by 2% for the last 21 sessions. At 07:09 EST on Wednesday, 19 July, USD/EUR (USDEUR) is $0.89.
USD/EUR's yearly highs and lows, it's 0.507% up from its 52-week low and 14.959% 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 0.39%, a negative 0.13%, and a positive 0.32%, respectively.
USD/EUR's highest amplitude of average volatility was 0.40% (last week), 0.33% (last month), and 0.32% (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 Monday, 17 July, "The ongoing price action in EUR/USD hints at the idea that further gains might be in store in the short-term horizon. ", "Furthermore, the constructive view of EUR/USD appears unchanged as long as the pair trades above the key 200-day SMA."
- Eur/usd: break higher is justified but further gains more limited – MUFG. According to FXStreet on Monday, 17 July, "Economists at MUFG Bank suspect EUR/USD may be returning to the range of 1.1000-1.1500.", "There are good reasons to believe this move higher for EUR/USD could mark a break into a new higher trading range - say between 1.1000-1.1500."
- Eur/usd appears a bit overstretched in the short term and could face a correction this week – ING. According to FXStreet on Monday, 17 July, "This short-term overvaluation gap of EUR/USD could be closed either by a correction or by some EUR/USD-positive factors rising without triggering a climb in the pair.", "CFTC data showed that pre-CPI positioning on EUR/USD was already quite stretched on the long side (+19% of open interest). "
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