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USD/EUR Bearish Momentum: 0.84% Down In The Last 5 Sessions

ViaNews Editorial Team

February 22, 2024

USD/EUR Bearish Momentum: 0.84% Down In The Last 5 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 0.84% for the last 5 sessions. At 13:07 EST on Thursday, 22 February, USD/EUR (USDEUR) is $0.92.

USD/EUR's yearly highs and lows, it's 4.183% up from its 52-week low and 3.448% 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 0.19%, a positive 0.03%, and a positive 0.30%, respectively.

USD/EUR's highest amplitude of average volatility was 0.24% (last week), 0.26% (last month), and 0.30% (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 holds ground above 150.30, FOMC minutes eyed. According to FXStreet on Tuesday, 20 February, "The USD/JPY pair holds above the 150.00 psychological mark during the early Asian trading hours on Tuesday. ", " The upside of the USD/JPY pair might be capped due to the verbal intervention from the Japanese authorities. "
  • Usd/jpy price analysis: extends downside to 150.00 as USD index drops to weekly low. According to FXStreet on Tuesday, 20 February, "The USD/JPY pair falls slightly below the psychological support of 150.00 in the early New York session on Tuesday. "
  • Usd/jpy price analysis: drops below 150.00 as US yields weigh on US dollar. According to FXStreet on Tuesday, 20 February, "The USD/JPY is almost flat as Wednesday's Asian session begins after posting minuscule losses of 0.09% on Tuesday, at the time of writing trades at 149.96. ", "Conversely, if the USD/JPY tumbles below the Tenkan-Sen at 149.91, that would exacerbate the pair's fall toward the Senkou Span A area at 149.15 before testing the 149.00 area. "
  • According to FXStreet on Tuesday, 20 February, "The USD/JPY is holding steady in early Wednesday churn just below the 150.00 handle as the Asian market session comes online."

More news about USD/EUR (USDEUR).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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