USD/EUR Bearish Momentum: 0.81% Down In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.81% for the last 5 sessions. At 03:09 EST on Friday, 20 September, USD/EUR (USDEUR) is $0.89.

USD/EUR’s yearly highs and lows, it’s 0.179% up from its 52-week low and 6.541% 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 0.16%, a negative 0.06%, and a positive 0.26%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.20% (last week), 0.28% (last month), and 0.26% (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: markets are bracing for volatile moves after FOMC – OCBC. According to FXStreet on Wednesday, 18 September, "FOMC decision should see USD/JPY more volatile, OCBC FX analysts Frances Cheung and Christopher Wong note.", "FOMC decision should see USD/JPY trade wild into and post-decision, press conference."
  • Usd/jpy price forecast: slips from 4-day peak, hovers below 142.00. According to FXStreet on Wednesday, 18 September, "The USD/JPY downtrend remains in place, but the Federal Reserve’s decision to cut rates by a smaller or larger size could trigger different reactions. ", "The USD/JPY dropped after reaching a four-day high of 142.47, yet it remains range-bound during the North American session. "
  • According to FXStreet on Thursday, 19 September, "For support, the USD/JPY pair might find immediate support at 139.58, which is the lowest level since June 2023, followed by the lower boundary of the descending channel near 137.75.", "The USD/JPY pair’s upside could be attributed to remarks made by Fed Chair Jerome Powell. "
  • Usd/jpy price forecast: clings to gains after failing to clear 144.00. According to FXStreet on Thursday, 19 September, "The USD/JPY held on to gains following Wednesday’s Federal Reserve decision but traded well below its daily peak of 143.94 as the Greenback registered losses.", "As Thursday’s session finishes, the USD/JPY retreated from the weekly high, forming a ‘shooting star’ candlestick. "
  • According to FXStreet on Friday, 20 September, "The downside of the USD/JPY pair is supported by a weaker US Dollar (USD) as expectations grow for additional rate cuts by the US Federal Reserve (Fed) by the end of 2024. ", "On the downside, the USD/JPY pair might find immediate support at 139.58, which is the lowest level since June 2023, followed by the lower boundary of the descending channel near 137.50."

More news about USD/EUR (USDEUR).

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