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USD/EUR Is 3% Down In The Last 21 Sessions

USD/EUR Is 3% Down In The Last 21 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 3.44% for the last 21 sessions. At 16:15 EST on Sunday, 16 April, USD/EUR (USDEUR) is $0.91.

USD/EUR's yearly highs and lows, it's 0.753% up from its 52-week low and 13.213% 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 overbought (>=80).

News about

  • Usd/jpy struggles for a firm intraday direction, flat-lines around mid-132.00s. According to FXStreet on Friday, 14 April, "Apart from this, looming recession risks benefit the Japanese Yen's (JPY) relative safe-haven status and further contribute to capping the upside for the USD/JPY pair. ", "This, along with the broader risk sentiment, might provide some impetus to the USD/JPY pair and allow traders to grab short-term opportunities."
  • Usd/jpy price analysis: retreats towards 100-sma support above 132.00. According to FXStreet on Friday, 14 April, "Though, the 50% Fibonacci retracement and the aforementioned channel's top line, respectively near 133.85 and 134.60, can challenge the USD/JPY buyers afterward.", "Should the quote breaks the 131.40 support, the monthly low near 130.60 and the 130.00 psychological magnet can check the USD/JPY sellers before directing them to the yearly low of 129.65 marked in March."
  • Usd/jpy jumps above 133.00 after weak US retail sales. According to FXStreet on Friday, 14 April, "The USD/JPY rose sharply after the release of US economic data and climbed to 133.18, hitting a fresh daily high. ", "The USD/JPY initially dropped to 132.17 and then bounced almost a hundred pips in a few minutes. "

More news about USD/EUR (USDEUR).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.