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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.58% for the last 21 sessions. At 15:17 EST on Sunday, 14 July, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.304% up from its 52-week low and 4.263% 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 0.16%, a negative 0.06%, and a positive 0.25%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.20% (last week), 0.25% (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

  • Usd/jpy holds above 159.00, traders are on high alert for more intervention. According to FXStreet on Friday, 12 July, "The USD/JPY pair holds positive ground near 159.10 after bouncing off a nearly three-week low of 157.41 during the early Asian trading hours on Friday. ", "The further possible intervention from officials is likely to support the JPY and act as a headwind for USD/JPY for the time being."
  • According to FXStreet on Friday, 12 July, "After the highly-anticipated Japan’s intervention in the forex market on Thursday, USD/JPY witnessed wild swings again in the early Asian session, suggesting another intervention attempt. "
  • According to FXStreet on Friday, 12 July, "A return to within the ascending channel would likely improve sentiment for the USD/JPY pair, potentially targeting the upper boundary of the channel around the 113.20 level.", "The USD/JPY pair may find initial support near the psychological level of 109.00. "
  • According to FXStreet on Friday, 12 July, "The US CPI release was good news for the Yen (JPY) regardless of unconfirmed FX intervention as there is a path ahead for USD/JPY to trade lower on a shrinking USD:JPY rate gap. ", "At the same time, FX intervention lowers the chances of the Bank of Japan hiking in July to support the JPY, and it may still take time before USD/JPY can enter a sustainable downtrend."

More news about USD/EUR (USDEUR).

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