USD/EUR Bearish Momentum: 0.86% Down In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.86% for the last 5 sessions. At 20:14 EST on Tuesday, 13 June, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 2.807% up from its 52-week low and 11.591% 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 0.10%, a positive 0.05%, and a positive 0.38%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.31% (last week), 0.29% (last month), and 0.38% (last quarter), respectively.

News about

  • Eur/usd technical analysis: fateful trading week – 12 June 2023. According to DailyForex on Monday, 12 June, "By the end of last week’s trading, the bulls succeeded in pushing the EUR/USD currency pair, with gains, towards the 1.0788 resistance level, before closing trading around 1.0749. ", "Euro predictions against the dollar today:Despite the recent rebound attempts, the general trend of the EUR/USD currency pair is still bearish."
  • Eur/usd oscillates around 1.0750 as traders brace for central bank policy twists. According to FXStreet on Monday, 12 June, "The EUR/USD has been consolidated within the 1.0670/1.0790 area for the last eight days, unable to break beyond the boundaries of the range, but with the 100, 20, and 50-day Exponential Moving Averages (EMAs), sitting above the spot price. ", "Although, at a minimum, EUR/USD traders should be aware the Fed could rock the boat and lift rates in June."
  • Eur/usd price analysis: rising wedge lures euro bears as fed, ECB decisions loom, 1.0720 eyed. According to FXStreet on Monday, 12 June, "However, a convergence of the 50-SMA and the aforementioned rising wedge’s bottom line, close to 1.0720, appears a tough nut to crack for the EUR/USD bears to crack.", "Alternatively, EUR/USD recovery needs to defy the rising wedge bearish chart pattern by crossing the 1.0790 hurdle, quickly followed by the 1.0800 psychological resistance, to convince the Euro buyers."
  • Eur/usd: levels around 1.07/1.08 might turn into a new “wait and see” level – commerzbank. According to FXStreet on Monday, 12 June, "That means it is possible that by the end of the week we will be none the wiser than now and that EUR/USD levels around 1.07/1.08 might turn into a new ‘wait and see’ level."

More news about USD/EUR (USDEUR).

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