USD/EUR Bearish Momentum: 0.82% Down In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.82% for the last 5 sessions. At 17:15 EST on Monday, 8 July, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 4.127% up from its 52-week low and 3.501% 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 0.21%, a positive 0.03%, and a positive 0.27%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.21% (last week), 0.30% (last month), and 0.27% (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 Monday, 8 July, "A further decline below this channel support could see USD/JPY testing the vicinity of June’s low at 154.55.", "The USD/JPY pair loses ground as US Dollar (USD) struggles following weaker-than-expected US employment growth data released on Friday."
  • Usd/jpy: to remain on the back foot in the coming weeks – rabobank. According to FXStreet on Monday, 8 July, "Broadly speaking USD/JPY has moved from around 140 to 160 in the year to date. ", "On balance, we see USD/JPY as holding around the 160 level on a 1 month view with USD/JPY easing back to 152 by year-end on the view that real wages will by then also be showing signs of improvement."

More news about USD/EUR (USDEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *