USD/EUR Bearish Momentum: 0.89% Down In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.89% for the last 5 sessions. At 22:07 EST on Wednesday, 21 February, 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 0.19%, 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

  • Eur/usd attempts to continue winning streak amid a subdued US dollar, hovers near 1.0790. According to FXStreet on Tuesday, 20 February, "The technical analysis of the EUR/USD pair displays a 14-4hour Relative Strength Index (RSI) above the 50 mark, indicating bullish sentiment. ", "The EUR/USD pair recovers intraday losses and attempts to continue its winning streak that began on February 14. "
  • Eur/usd price analysis: retreats from the weekly high to near 1.0770. According to FXStreet on Tuesday, 20 February, "Given these conflicting signals, market participants may choose to await further confirmation from the MACD indicator on the directional trend for the EUR/USD pair.", "The EUR/USD pair could find the key resistance zone around the 21-day Exponential Moving Average (EMA) at 1.0798 lined up with the 23.6% Fibonacci retracement at 1.0799 and the psychological level of 1.0800."
  • Eur/usd extends rally on Tuesday above 1.0800 ahead of fed’s mid-week meeting minutes. According to FXStreet on Tuesday, 20 February, "The EUR/USD came within range of 1.0840 in Tuesday’s early recovery before paring back into the 1.0800 zone. "
  • Eur/usd price analysis: rises to near 1.0810 followed by the barrier at 50-day EMA. According to FXStreet on Wednesday, 21 February, "The EUR/USD pair could rise to test the immediate resistance zone around the 50-day Exponential Moving Average (EMA) at 1.0834 and the three-week high at 1.0838. ", "A break below the latter could put downward pressure on the EUR/USD pair to navigate the major support level of 1.0750 with an aim to approach the psychological support at 1.0700."

More news about USD/EUR (USDEUR).

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