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

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.35% for the last 21 sessions. At 10:19 EST on Thursday, 29 August, USD/EUR (USDEUR) is $0.90.

USD/EUR’s yearly highs and lows, it’s 1.098% up from its 52-week low and 5.684% 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 0.10%, a negative 0.17%, and a positive 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.36% (last week), 0.34% (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 overbought (>=80).

News about

  • According to FXStreet on Tuesday, 27 August, "Additionally, the contrasting statements from the BoJ and the Federal Reserve (Fed) regarding their policy outlooks are putting downward pressure on the USD/JPY pair. ", "On the downside, if the USD/JPY pair stays below the downtrend line, it could hover around the seven-month low of 141.69, recorded on August 5. "
  • Usd/jpy price forecast: falls below 144.00 as downtrend resumes. According to FXStreet on Tuesday, 27 August, "The USD/JPY continues to trade "relatively sideways," with sellers stepping in ahead of Friday’s release of crucial US inflation data. ", "The USD/JPY retreats from around the 145.00 area and tumbles under the 144.00 figure as US Treasury bond yields edge lower. "
  • According to FXStreet on Wednesday, 28 August, "In terms of resistance, the USD/JPY pair may challenge the immediate barrier at the nine-day Exponential Moving Average (EMA) around the 145.23 level. ", "On the downside, if the USD/JPY pair stays below the downtrend line, it could hover around the seven-month low of 141.69, recorded on August 5. "
  • Usd/jpy price forecast:  climbs amid strong US dollar, eyes 145.00. According to FXStreet on Wednesday, 28 August, "Conversely, if USD/JPY remains below 145.00, this could pave the way for testing the 144.00 figure. ", "The USD/JPY reverses its course and registers decent gains of over 0.50% on Wednesday as the Greenback gains some steam, yet it remains vulnerable to the release of crucial data over the remainder of the week. "
  • According to FXStreet on Thursday, 29 August, "Their effect on USD/JPY only became sustainable when they were accompanied by idiosyncratic USD weakness and, in particular, when it became foreseeable that the BoJ’s monetary policy would turn.", "A credible USD/JPY ceiling affects USD/PY prices well below this ceiling and that USD/JPY does not even come close to this ceiling. "

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