USD/EUR Bearish Momentum: 0.92% Down In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.92% for the last 10 sessions. At 03:08 EST on Thursday, 4 May, USD/EUR (USDEUR) is $0.90.

USD/EUR’s yearly highs and lows, it’s 0.2% up from its 52-week low and 13.843% 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 positive 0.15%, a negative 0.03%, and a positive 0.44%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.27% (last week), 0.40% (last month), and 0.44% (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 DailyForex on Wednesday, 3 May, "The New Zealand Dollar and the Japanese Yen are showing the greatest short-term strength while the US Dollar is clearly the weakest currency, withthe USD/JPY currency pairfalling strongly after making a long-term high closing price two days ago. "
  • Usd/jpy price analysis: further upside hinges on daily close beyond 137.80. According to FXStreet on Tuesday, 2 May, "To sum up, USD/JPY remains on the bull’s radar even if the upside momentum appears elusive of late.", "Following that, the late 2022 swing high near 138.20 and the 140.00 round figure may act as the last defenses of the USD/JPY pair bears before giving control to the buyers."
  • Usd/jpy forecast: looking to break higher against the yen – 02 May 2023. According to DailyForex on Tuesday, 2 May, "The USD/JPY has rallied against the Japanese yen during Monday’s trading session, with the Japanese yen continuing to weaken. "

More news about USD/EUR (USDEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *