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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.88% for the last 21 sessions. At 12:06 EST on Thursday, 16 May, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.698% up from its 52-week low and 3.898% 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 0.29%, a negative 0.13%, and a positive 0.25%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.32% (last week), 0.24% (last month), and 0.25% (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

  • Eur/usd lurches back over 1.0800 ahead of hectic Wednesday. According to FXStreet on Tuesday, 14 May, "Tuesday’s bullish bid has pushed the pair back over the 200-day Exponential Moving Average (EMA) at 1.0797, but a firm pattern of lower highs is weighing on the EUR/USD with the last swing high failing to capture the 1.0900 level."
  • Eur/usd holds above 1.0800 ahead of eurozone gdp, according to US CPI data. According to FXStreet on Wednesday, 15 May, "The EUR/USD pair trades with a bullish bias around 1.0815 during the early Asian trading hours on Wednesday. "
  • According to FXStreet on Wednesday, 15 May, "Eren Sengezer, European Session Lead Analyst at FXStreet, offers a brief technical outlook for EUR/USD and explains: "The Relative Strength Index (RSI) indicator on the daily chart stays above 50 but EUR/USD needs to flip 1.0800-1.0820 area, where the 200-day and the 100-day Simple Moving Averages (SMA) are located, into support to extend its uptrend. ", "If EUR/USD fails to clear 1.0800-1.0820 area, buyers could get discouraged. "
  • Eur/usd price analysis: tests the upper boundary around the level of 1.0800. According to FXStreet on Tuesday, 14 May, "However, the momentum indicator Moving Average Convergence Divergence (MACD) indicates an upward momentum for the EUR/USD pair. ", "On the downside, key support for the EUR/USD pair is anticipated around the 14-day Exponential Moving Average (EMA) at 1.0752. "

More news about USD/EUR (USDEUR).

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