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USD/EUR Bearish By 2% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.34% for the last 21 sessions. At 15:13 EST on Sunday, 1 September, USD/EUR (USDEUR) is $0.90.

USD/EUR’s yearly highs and lows, it’s 1.355% up from its 52-week low and 5.444% 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 0.03%, a negative 0.14%, and a positive 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.39% (last week), 0.35% (last month), and 0.28% (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

  • According to FXStreet on Friday, 30 August, "The Dollar downtrend has propelled the EUR/USD pair to the highest level in thirteen months near 1.1200.", "In response, the EUR/USD pair could stage a correction from over one-year highs. "
  • According to FXStreet on Friday, 30 August, "After the Spanish CPI figures came in slightly below expectations, causing some temporary weakness in the Euro, the German regional CPI figures caused EUR/USD to drop below the 1.11 level. ", "If an inflation number is going to move the EUR/USD again today, it is more likely to be the euro area one."
  • Eur/usd extends backslide as greenback catches Friday bid. According to FXStreet on Friday, 30 August, "A third downside has tilted Fiber firmly into a bearish pullback, and EUR/USD price action is already halfway to the nearest technical level at the 50-day Exponential Moving Average (EMA) rising through 1.0950.", "While EUR/USD is still trading firmly in bull country north of the 200-day EMA at 1.0855, bids have dropped the Fiber precipitously from yearly peaks reached earlier this week, and bearish momentum could develop some heat."

More news about USD/EUR (USDEUR).

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