USD/EUR Bearish By 1% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.76% for the last 21 sessions. At 23:12 EST on Wednesday, 12 July, USD/EUR (USDEUR) is $0.90.

USD/EUR’s yearly highs and lows, it’s 0.011% up from its 52-week low and 14.434% 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 negative 0.50%, a negative 0.17%, and a positive 0.34%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.50% (last week), 0.38% (last month), and 0.34% (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 DailyForex on Tuesday, 11 July, "In the Forex market, the spotlight is onthe USD/JPY currency pairas the Japanese Yen continues its multi-day streak of getting stronger, with the Yen the strongest major currency so far today and the US Dollar the weakest.USD/JPY is now trading well below ¥141 which calls into question the long-term bullish trend as the price now seems to have broken below a very pivotal area of support near that round number."
  • Usd/jpy price analysis: yen eyes 140.00 within trend widening chart formation. According to FXStreet on Tuesday, 11 July, "More importantly, a horizontal area encompassing multiple levels marked since October 2022, near 145.10-15, appears a tough nut to crack for the USD/JPY bulls.", "Alternatively, the 61.8% Fibonacci retracement and the 21-DMA, close to 142.50 and 142.75 in that order, restrict the short-term upside of the USD/JPY pair."
  • According to FXStreet on Wednesday, 12 July, "The USD/JPY is falling for the fifth consecutive day and is it trading slightly above 140.00, at the lowest level since June 16. "
  • Usd/jpy declines towards 140.00 amid weakness in USD index, US inflation in focus. According to FXStreet on Tuesday, 11 July, "The USD/JPY pair is declining toward the psychological support of 140.00 in the European session. "
  • Usd/jpy plummets to fresh multi-week low, closer to mid-140.00s amid broad-based USD weakness. According to FXStreet on Tuesday, 11 July, "The crucial US CPI report will play a key role in influencing the Fed’s near-term policy outlook, which, in turn, should drive the USD demand and provide some meaningful impetus to the USD/JPY pair. ", "The USD/JPY pair prolongs its recent sharp retracement slide from the YTD peak – levels just above the 145.00 mark touched last week – and remains under some selling pressure for the fourth successive day on Tuesday. "

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