(VIANEWS) – USD/EUR (USDEUR) has been up by 2.31% for the last 10 sessions. At 06:07 EST on Tuesday, 1 August, USD/EUR (USDEUR) is $0.91.
USD/EUR’s yearly highs and lows, it’s 2.695% up from its 52-week low and 13.108% 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 technical analysis: central bank of Japan’s policy support the bulls – 31 July 2023. According to DailyForex on Monday, 31 July, "In the long run, and according to the performance on the daily chart, it appears that the USD/JPY pair is about to complete the formation of the Head and Shoulders pattern. ", "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. "
- Usd/jpy price analysis: pokes 141.80-142.00 resistance zone on boj’s first special bond buying since February. According to FXStreet on Monday, 31 July, "However, a daily closing beyond the aforementioned horizontal resistance area surrounding the 141.80-142.00 resistance area becomes necessary for the USD/JPY buyers to keep the reins.", "In a case where the USD/JPY bears dominate past 141.00 and the US jobs report disappoints, the multi-month-old rising support line of near 138.20 will be the last defense of the Yen pair buyers."
- Usd/jpy consolidates in a range below 141.00 mark, downside seems cushioned. According to FXStreet on Monday, 31 July, "The US Dollar (USD) edges lower on Monday in the wake of signs of receding underlying price pressures and is seen as a key factor acting as a headwind for the USD/JPY pair. ", "The USD/JPY pair struggles to capitalized on Friday’s solid intraday recovery of over 300 pips from the 138.00 neighbourhood, or a one-and-half-week low and kicks off the new week on a softer note. "
- Usd/jpy consolidates in a range below 141.00 mark, downside seems cushioned. According to FXStreet on Monday, 31 July, "This, in turn, suggests that the path of least resistance for the USD/JPY pair is to the upside and subsequent downtick could be seen as a buying opportunity. ", "The US Dollar (USD) edges lower on Monday in the wake of signs of receding underlying price pressures and is seen as a key factor acting as a headwind for the USD/JPY pair. "
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