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

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 05:06 EST on Tuesday, 30 April, USD/EUR (USDEUR) is $0.93.

USD/EUR's yearly highs and lows, it's 5.096% up from its 52-week low and 2.602% 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 0.13%, a positive 0.02%, and a positive 0.26%, respectively.

USD/EUR's highest amplitude of average volatility was 0.24% (last week), 0.26% (last month), and 0.26% (last quarter), respectively.

News about

  • Eur/usd finds support near 1.0720 after slow grind on Monday. According to FXStreet on Monday, 29 April, "The EUR/USD churned just north of the 1.0700 handle on Monday as the pair continues to grind higher off of technical bounces from the 200-hour Exponential Moving Average (EMA) rising into the 1.0700 region. "
  • Eur/usd price analysis: manages to hold above 200-hour SMA ahead of eurozone cpi, FOMC. According to FXStreet on Tuesday, 30 April, "A convincing break below might prompt some technical selling and drag the EUR/USD pair towards last week's swing low, around the 1.0625 region en route to the 1.0600 mark or the YTD trough touched earlier this month.", "The EUR/USD pair meets with some supply during the Asian session on Tuesday and erodes a part of the previous day's gains amid the emergence of fresh US Dollar (USD) buying. "
  • Eur/usd holds positive ground above 1.0700, eyes on German CPI data. According to FXStreet on Monday, 29 April, "The EUR/USD pair trades on astrongernotearound1.0710duringthe early Asian trading hours on Monday. ", "This, in turn, might lift the Greenback and cap the upside of the EUR/USD pair in the near term. "
  • Eur/usd price analysis: keeps steady above 1.0700 amid shift to upward momentum. According to FXStreet on Monday, 29 April, "Furthermore, the lagging indicator Moving Average Convergence Divergence (MACD) suggests a shift toward upward momentum for the EUR/USD pair. ", "On the downside, key support for the EUR/USD pair is anticipated around the psychological threshold of 1.0700, coinciding with major support at 1.0695. "
  • According to FXStreet on Monday, 29 April, "Despite these comments from the ECB official, EUR/USD is paring back gains to test 1.0700, at the time of writing."

More news about USD/EUR (USDEUR).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.