USD/EUR Over 3% Up In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 3.06% for the last 21 sessions. At 03:10 EST on Monday, 5 June, USD/EUR (USDEUR) is $0.94.

USD/EUR’s yearly highs and lows, it’s 3.772% up from its 52-week low and 10.761% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.01%, 0.12%, and 0.40%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.37% (last week), 0.29% (last month), and 0.40% (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 stays depressed near 1.0700 ahead of US factory orders, ISM services PMI. According to FXStreet on Sunday, 4 June, "It’s worth noting, however, that the market’s risk-on mood put a floor under the EUR/USD price as US President Joe Biden signed the debt-ceiling bill and avoided the ‘catastrophic’ default. ", "It should be observed that the Fed policymakers are stipulated for any public comments ahead of next week’s Federal Open Market Committee(FOMC), which in turn may allow the EUR/USD to pare some of the latest losses in a case where the US data flash downbeat prints."
  • Eur/usd price analysis: euro bears attack 1.0690-85 key support as US data looms. According to FXStreet on Monday, 5 June, "Meanwhile, EUR/USD recovery needs to provide a daily closing beyond the 100-day EMA, around 1.0770 by the press time, to convince the buyers.", "Even if the quote drops below the 1.0690-85 support confluence, the 50% Fibonacci retracement of its November-April upside and a five-month-old rising support line, respectively near 1.0660 and 1.0635, can challenge the EUR/USD pair’s further downside."

More news about USD/EUR (USDEUR).

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