USD/EUR Bearish Momentum: 0.85% Down In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.85% for the last 5 sessions. At 06:11 EST on Tuesday, 6 August, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 2.083% up from its 52-week low and 4.242% 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 0.27%, a negative 0.09%, and a positive 0.24%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.39% (last week), 0.23% (last month), and 0.24% (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, 5 August, "On the upside, the USD/JPY pair might encounter resistance around the nine-day Exponential Moving Average (EMA) at 150.13. "
  • According to FXStreet on Monday, 5 August, "It is hard to argue with USD/JPY extending this correction to the 140 area, ING’s FX strategist Chris Turner notes.", "It is hard to argue with USD/JPY extending this correction to the 140 area - which we had seen as the outside risk last week."
  • According to FXStreet on Tuesday, 6 August, "At press time, USD/JPY continues to hold the renewed upside near 145.30, adding 0.85% on the day."
  • Usd/jpy price forecast: consolidates around 144.00 after over 1.60 % loss. According to FXStreet on Monday, 5 August, "Conversely, if USD/JPY extends its losses below 144.00, the next support would be the January 9 pivot low at 143.42, ahead of the August 5 bottom at 141.69.", "This witnessed the USD/JPY drop over 4.90% during the Asian session to a low of 141.69 before trimming some losses and regaining the 144.00 mark. "

More news about USD/EUR (USDEUR).

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