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

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.26% for the last 21 sessions. At 04:09 EST on Tuesday, 28 March, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.333% up from its 52-week low and 11.849% down from its 52-week high.

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  • Usd/jpy price analysis: clings to gains around mid-131.00s, 200-hour SMA holds the key for bulls. According to FXStreet on Monday, 27 March, "The USD/JPY pair builds on Friday’s goodish rebound from the 129.65 region, or its lowest level since February 03 and kicks off the new week on a positive note. ", "The USD/JPY pair could decline further towards the 130.00 psychological mark before eventually dropping back to the multi-week low, around the 129.65 area touched on Friday."
  • Usd/jpy price analysis: bulls find support at 130.00 amid banking support measures. According to FXStreet on Monday, 27 March, "The USD/JPY experienced a sharp rebound after finding support at the 130.00 mark. ", "A strong reversal in price or sudden surge in US Dollar demand could propel the USD/JPY to the March high of 138.00, a key psychological level."
  • Usd/jpy climbs to fresh daily high, around mid-131.00s amid receding safe-haven demand. According to FXStreet on Monday, 27 March, "This results in the widening of the US-Japan rate differential, which is seen as another factor weighing on the JPY and providing an additional boost to the USD/JPY pair. ", "Apart from this, expectations that the Bank of Japan (BoJ) will tweak its bond yield control policy and whittle down its massive stimulus under new Governor Kazuo Ueda might contribute to capping gains for the USD/JPY pair. "

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