USD/EUR Bearish Momentum: 0.786% Down In The Last 24 Hours

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.7864% for the last session’s close. At 18:10 EST on Friday, 3 November, USD/EUR (USDEUR) is $0.93.

USD/EUR (USDEUR) Range

Concerning USD/EUR’s daily highs and lows, it’s 0.384% down from its trailing 24 hours low of $0.94 and 1.185% down from its trailing 24 hours high of $0.94.

USD/EUR’s yearly highs and lows, it’s 5.266% up from its 52-week low and 8.988% 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 0.06%, a negative 0.05%, and a positive 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.23% (last week), 0.28% (last month), and 0.28% (last quarter), respectively.

News about

  • According to FXStreet on Wednesday, 1 November, "In any case, the 50-day Simple Moving Average (SMA) aligns as initial resistance at 1.0650 for EUR/USD before 1.0750 (Fibonacci 38.2% retracement level of the July-October downtrend) and 1.0800 (100-day SMA, 200-day SMA). "
  • Eur/usd price analysis: hovers above the 1.0550 key level ahead of fed decision. According to FXStreet on Wednesday, 1 November, "A successful breach above the mentioned resistance levels could potentially invigorate the EUR/USD pair to revisit October’s high at the 1.0694 level.", "The EUR/USD pair could find support around the psychological level of 1.0550, followed by the previous week’s low at 1.0521. "
  • Eur/usd forecast: November 2023 – 01 November 2023. According to DailyForex on Wednesday, 1 November, "Yesterday’s move lower in the EUR/USD perhaps not coincidentally occurred when European GDP numbers proved to be recessionary, and U.", "If the EUR/USD sustains value below the 1.06000 level this could continue to make short-term traders nervous and consider the potential that the 1.05500 support ratio below could be a target.EUR/USD Outlook for November 2023:"
  • Eur/usd stays near 1.0550 as fed keeps rates unchaged. According to FXStreet on Wednesday, 1 November, "The EUR/USD rose modestly to 1.0552 after the FOMC statement and then lost momentum. "
  • Eur/usd drops to fresh weekly lows, despite mixed US economic data. According to FXStreet on Wednesday, 1 November, "The EUR/USD downtrend remains intact, and it could accelerate if the pair achieves a daily close below the bottom trendline of the bearish flag. "

More news about USD/EUR (USDEUR).

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