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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.53% for the last 21 sessions. At 11:07 EST on Thursday, 18 July, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 2.875% up from its 52-week low and 4.274% 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 0.21%, a negative 0.10%, and a positive 0.24%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.21% (last week), 0.21% (last month), and 0.24% (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 Thursday, 18 July, "However, the JPY had strengthened against the US Dollar (USD) after suspected intervention by Japanese authorities drove the USD/JPY pair to a one-month low of 155.36. ", "A breakthrough above this level could lead the USD/JPY pair to revisit the pullback resistance around the psychological level of 162.00."
  • According to FXStreet on Tuesday, 16 July, "A return to trading within the ascending channel would likely improve sentiment for the USD/JPY pair, with a potential target toward the upper boundary of the ascending channel near 163.70.", "On the downside, the USD/JPY pair could find key support around the psychological level of 158.00. "
  • Usd/jpy extends upside near 158.50 despite strong Japan’s tankan index. According to FXStreet on Wednesday, 17 July, "The USD/JPY pair extends gains near 158.40 on the selling pressure around the Japanese currency during the early Asian session on Wednesday. "
  • According to FXStreet on Thursday, 18 July, "In the general weakness of the USD, the USD/JPY movement stood out in particular. ", "If USD/JPY is already sliding due to a bout of general USD weakness, a round of intervention seems promising because in a phase in which the market is searching for a new equilibrium based on new information, interventions change this search process."
  • Usd/jpy price analysis: plummets below 157.00 as bears stepped in. According to FXStreet on Wednesday, 17 July, "This and the USD/JPY clearing key support levels seen at 157.14 opened the door for further downside.", "The USD/JPY falls sharply on Wednesday, down by more than 1.30% and approaching the top of the Ichimoku Cloud (Kumo) at around 156.00. "

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