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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.67% for the last 21 sessions. At 07:08 EST on Thursday, 6 July, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 1.897% up from its 52-week low and 12.374% 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 positive 0.19%, a negative 0.06%, and a positive 0.33%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.19% (last week), 0.32% (last month), and 0.33% (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 oversold (<=20).

News about

  • Usd/jpy remains on the defensive, below mid-144.00s on Japan intervention fears. According to FXStreet on Tuesday, 4 July, "The USD/JPY pair comes under some selling pressure on Tuesday and reverses a major part of the previous day’s positive move back closer to the 145.00 psychological mark. ", "Speculations for a potential intervention by the Japanese government to curb any further sharp decline in the domestic currency turn out to be a key factor acting as a headwind for the USD/JPY pair. "
  • Usd/jpy technical analysis: the US holiday weakens the appetite of investors – 04 July 2023. According to DailyForex on Tuesday, 4 July, "The weakness of the Japanese yen has hurt many Japanese companies that depend on imports.USD/JPY Technical OutlookAccording to the performance on the daily chart below, the USD/JPY price is still in a strong bullish trend in the past few months.", "The USD/JPY currency pair also jumped after signs that the Japanese government will intervene if the Japanese currency continues to decline. "
  • Usd/jpy consolidates in a range around mid-144.00s, just below YTD peak. According to FXStreet on Wednesday, 5 July, "The USD/JPY pair continues with its struggle to gain any meaningful traction on Wednesday and oscillates in a narrow trading band around mid-144.00s through the Asian session. ", "Against the backdrop of the USD/JPY pair’s recent rally from the June swing low, the range-bound price action witnessed over the past week or so might still be categorized as a bullish consolidation phase. "
  • Usd/jpy price analysis: grinds near 144.50 within weekly triangle, depicts cautious mood. According to FXStreet on Wednesday, 5 July, "With this, the USD/JPY pair remains sidelined within the weekly triangle, currently between 144.65 and 144.30.", "Though, an upward-sloping trend line from June 20 and the 200-Hour Moving Average (HMA), respectively near 144.20 and 144.10, quickly followed by the 144.00 round figure, can challenge the USD/JPY bears before giving them control."
  • Usd/jpy: A reversal in the trend would require market dynamics to change – OCBC. According to FXStreet on Tuesday, 4 July, "If USD/JPY trades volatile by another 2-3 JPY intra-day, then authorities could really act. ", "That said, such activities (jawboning, etc.) probably only serve to slow the pace of USD/JPY upticks especially if the uptrend remains intact."

More news about USD/EUR (USDEUR).

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