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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.51% for the last 21 sessions. At 13:08 EST on Saturday, 17 June, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 1.376% up from its 52-week low and 12.822% 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 0.30%, a negative 0.04%, and a positive 0.37%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.42% (last week), 0.31% (last month), and 0.37% (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 technical analysis: Japanese intervention levels – 15 June 2023. According to DailyForex on Thursday, 15 June, "Forecasts of the dollar against the Japanese yen:The upward movement this week of the USD/JPY currency pair was a motive for the movement of technical indicators towards strong overbought levels.", "Emphasis on the easing policy may push the USD/JPY currency pair towards stronger resistance levels that may reach the peaks of 141.85, 142.20, and 143.00, respectively."
  • According to FXStreet on Thursday, 15 June, "Amidst the relentless rally in the USD/JPY pair, Japanese Chief Cabinet Secretary Matsuno is out with some verbal intervention to rescue the Yen.", "At the time of writing, USD/JPY is flirting with 141.00, shrugging off the above comments. "
  • Usd/jpy eases above 140.00 as traders await boj's YCC move, July expectations. According to FXStreet on Friday, 16 June, "Hence, the USD/JPY pair is justifying the aforementioned mixed catalysts amid the pre-BoJ sentiment. "
  • Usd/jpy: decline should be underway by end Q3 – ING. According to FXStreet on Thursday, 15 June, "Economists at ING discuss USD/JPY outlook after the pair moved above 140, sparking the ire of Japanese officials again.", "The question is whether policymakers in Tokyo are prepared to ride out another summer of strength in USD/JPY - or will be prepared to take action."
  • Usd/jpy May not be far from the peak, even though a reversal of the bullish trend May take some time – ING. According to FXStreet on Thursday, 15 June, "Incidentally, further USD/JPY strength (possibly driven by carry trade strategies) may well lead Japanese authorities to restart FX intervention, which was deployed around the 145 area last September."

More news about USD/EUR (USDEUR).

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