USD/EUR Bearish Momentum: 1% Down In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1% for the last 10 sessions. At 16:10 EST on Monday, 11 March, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.168% up from its 52-week low and 4.389% 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 0.33%, a negative 0.08%, and a positive 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.33% (last week), 0.23% (last month), and 0.28% (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 FXStreet on Monday, 11 March, "This turns out to be another factor that contributes to the offered tone surrounding the USD/JPY pair for the sixth straight day and supports prospects for a further depreciating move. ", "This, along with an upward revision of Japan’s fourth-quarter GDP print, underpins the JPY and keeps the USD/JPY pair depressed through the Asian session on Monday."
  • Usd/jpy analysis: bearish week awaits US and Japan data – 11 March 2024. According to DailyForex on Monday, 11 March, "Based on the performance on the daily chart there has been a clear breach of the overall uptrend for the USD/JPY currency pair. ", "A break below the support level of 145.90 confirms bearish control over the USD/JPY direction. "

More news about USD/EUR (USDEUR).

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