USD/EUR Bearish Momentum: 0.794% Down In The Last 24 Hours

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.7937% for the last session’s close. At 19:08 EST on Wednesday, 1 March, USD/EUR (USDEUR) is $0.94.

USD/EUR (USDEUR) Range

Concerning USD/EUR’s daily highs and lows, it’s 0.213% down from its trailing 24 hours low of $0.94 and 0.804% down from its trailing 24 hours high of $0.95.

USD/EUR’s yearly highs and lows, it’s 4.831% up from its 52-week low and 10.571% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.26%, 0.23%, and 0.43%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.26% (last week), 0.47% (last month), and 0.43% (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

  • Usd/jpy steadies above 136.00 as yields pause previous retreat, boj dovish stance appears safe. According to FXStreet on Tuesday, 28 February, "On the other hand, market sentiment improves on headlines suggesting the fact that the US offers an olive branch to Chinese companies despite its political differences with the dragon nation and hence challenges the USD/JPY bears due to the quote’s risk-barometer status. ", "Despite reversing from a three-week-old ascending resistance line, around 136.90 by the press time, USD/JPY remains bullish unless breaking the 200-day Exponential Moving Average (EMA) support of 133.90."
  • Usd/jpy to move toward 125 at the end of 2023 – socgen. According to FXStreet on Tuesday, 28 February, "We expect the Japanese Yen to resume appreciating and the USD/JPY pair to move toward 125 at the end of 2023."
  • Usd/jpy clings to gains near YTD peak, seems poised to appreciate further. According to FXStreet on Tuesday, 28 February, "A fresh leg up in the US Treasury bond yields, bolstered by hawkish Fed expectations, helps revive the US Dollar demand, which, in turn, acts as a tailwind for the USD/JPY pair. ", "Nevertheless, the fundamental backdrop suggests that the path of least resistance for the USD/JPY pair is to the upside. "

More news about USD/EUR (USDEUR).

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