USD/EUR Is 2% Up In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.36% for the last 21 sessions. At 13:10 EST on Friday, 18 August, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.619% up from its 52-week low and 12.326% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.19%, 0.12%, and 0.31%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.20% (last week), 0.27% (last month), and 0.31% (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 oversold (<=20).

News about

  • Eur/usd to break 1.09 if the strong condition of the US economy is confirmed – ING. According to FXStreet on Wednesday, 16 August, "Economists at ING analyze EUR/USD outlook as the pair remains in defensive mode above the 1.09 level.", "At least the 2y rates differential against the USD has flipped in support of the euro or at least should not push EUR/USD any further down. "
  • Eur/usd price analysis: Tuesday’s doji prods euro bears around 1.0900 ahead of fed minutes. According to FXStreet on Wednesday, 16 August, "Following that, the support-turned-resistance line of around 1.1095 and the 1.1100 round figure will lure the EUR/USD bulls.", "It’s worth noting that the bearish MACD signals and the quote’s sustained trading below the 100-DMA, as well as a one-month-old falling trend line, joins the early month’s downside break of an ascending trend line from late May to keep the EUR/USD sellers hopeful."
  • Eur/usd technical analysis: strong bearish momentum ahead of an important event – 16 August 2023. According to DailyForex on Wednesday, 16 August, "The Fibonacci retracement tool shows that this is in line with the 38.2% Fibonacci retracement level, which could be enough to keep the gains in check and send EUR/USD down to the swing low or lower. "

More news about USD/EUR (USDEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *