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USD/EUR Bearish Momentum: 0.99% Down In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.99% for the last 5 sessions. At 09:07 EST on Wednesday, 21 February, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 4.251% up from its 52-week low and 3.386% 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 0.16%, a positive 0.04%, and a positive 0.30%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.20% (last week), 0.25% (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

  • Usd/jpy depreciates to near 150.00, Japan machinery orders improves. According to FXStreet on Monday, 19 February, "However, the USD/JPY pair soared on better-than-expected Producer Price Index (PPI) data from the United States on Friday. "
  • Usd/jpy gains ground on risk-off mood ahead of FOMC minutes, improves to near 150.30. According to FXStreet on Tuesday, 20 February, "The USD/JPY pair trades higher around 150.30 during the early European session on Tuesday."
  • Usd/jpy holds ground above 150.30, FOMC minutes eyed. According to FXStreet on Tuesday, 20 February, "The USD/JPY pair holds above the 150.00 psychological mark during the early Asian trading hours on Tuesday. ", " The upside of the USD/JPY pair might be capped due to the verbal intervention from the Japanese authorities. "
  • Usd/jpy: any further gains could prompt renewed intervention in Japan – MUFG. According to FXStreet on Monday, 19 February, "Last week, USD/JPY moved back above the 150.00 level for the first time since November. ", "Just like on the previous occasions when USD/JPY reached these levels, we see momentum fading but broader US Dollar strength that could continue near term may mean intervention is required to stall the move."

More news about USD/EUR (USDEUR).

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