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

ViaNews Editorial Team

November 29, 2023

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

(VIANEWS) - USD/EUR (USDEUR) has been up by 3.94% for the last 21 sessions. At 02:06 EST on Wednesday, 29 November, USD/EUR (USDEUR) is $0.91.

USD/EUR's yearly highs and lows, it's 2.537% up from its 52-week low and 6.402% 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 positive 0.01%, a negative 0.18%, and a positive 0.32%, respectively.

USD/EUR's highest amplitude of average volatility was 0.24% (last week), 0.36% (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, 27 November, "Further north, EUR/USD might face resistance around the August top of 1.1064 (August 10) and another weekly peak of 1.1149 (July 27), all preceding the 2023 high of 1.1275 (July 18)."
  • Eur/usd: weekly forecast 26th November - 2nd December - 26 November 2023. According to DailyForex on Sunday, 26 November, "S Treasury yields remain tame; this could also signal additional ground upwards in the EUR/USD could develop.", "Early on Tuesday of last week the EUR/USD moved around the 1.09670 vicinity for a solid duration, but by late in the day a selloff started to occur and a low for the week was made on Wednesday near the 1.08525 ratio. "
  • Eur/usd: month-end equity rebalancing flow could hasten move to 1.10 – socgen. According to FXStreet on Monday, 27 November, "In other words, this week is another opportunity for EUR/USD to have a go at surpassing 1.0960 and progressing towards 1.10."
  • Eur/usd forex signal: euro has more upside ahead - 27 November 2023. According to DailyForex on Monday, 27 November, "The other EUR/USD news will be the upcoming European inflation data for November. ", "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:'ReviewsNonPartner',id:'horizontal-top-5',size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Bullish viewBuy the EUR/USD pair and set a take-profit at 1.1040."

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.