USD/EUR Bearish Momentum: 0.87% Down In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.87% for the last 5 sessions. At 13:06 EST on Thursday, 25 April, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 5.006% up from its 52-week low and 2.685% 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 0.07%, a positive 0.04%, and a positive 0.25%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.19% (last week), 0.25% (last month), and 0.25% (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

  • Eur/usd stays firm, shy of 1.0700 amid strong US dollar and elevated US yields. According to FXStreet on Wednesday, 24 April, "Besides that, EUR/USD traders would be eyeing the release of the Core Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred inflation gauge, which is estimated to remain steady at 0.3%. ", "Even though the EUR/USD seems to have bottomed at around 1.0600, buyers’ failure to achieve a daily close above 1.0700 could pave the way for a re-test of the year-to-date (YTD) low at 1.0601. "
  • Eur/usd recovers after US economic myth dented. According to FXStreet on Wednesday, 24 April, "It is now less certain EUR/USD is forming a Bear Flag price pattern as had previously been assumed. "
  • Eur/usd extends holding pattern ahead of pmis. According to FXStreet on Tuesday, 23 April, "S&P Global PMIs for America will be releasedduring the US session and are likely to further impact the EUR/USD pair."
  • Eur/usd price analysis: tests the major level of 1.0650; followed by the nine-day EMA. According to FXStreet on Tuesday, 23 April, "Moreover, the lagging indicator, Moving Average Convergence Divergence (MACD), indicates weakness for the EUR/USD pair as it resides below the centerline and the signal line. ", "On the upside, the immediate barrier for the EUR/USD pair could be the nine-day Exponential Moving Average (EMA) at 1.0675. "
  • Eur/usd price analysis: moves above 1.0700, next barrier at 21-day EMA. According to FXStreet on Thursday, 25 April, "Additionally, the lagging indicator Moving Average Convergence Divergence (MACD) indicates a shift in momentum for the EUR/USD pair, as it is positioned below the centerline but above the signal line. ", "Key support for the EUR/USD pair is likely to be found around the psychological level of 1.0700. "

More news about USD/EUR (USDEUR).

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