USD/EUR Bearish Momentum With A 1% Drop In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.06% for the last 10 sessions. At 19:08 EST on Monday, 6 May, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 4.679% up from its 52-week low and 2.989% 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 0.12%, a positive 0.02%, and a positive 0.25%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.29% (last week), 0.27% (last month), and 0.25% (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, 6 May, "This is the level where Dollar bulls were eager to get in and triggered a firm bounce in both the DXY and the USD/JPY pair, with room for further recovery.", "The US Dollar Index (DXY) had a rough ride last week with US Dollar bulls being steamrolled twice by the Japanese government’s intervention in the USD/JPY pair. "
  • According to FXStreet on Monday, 6 May, "The resurgence of selling pressure in the Japanese yen helped USD/JPY reverse course and reclaim the proximity of the 154.00 region. "

More news about USD/EUR (USDEUR).

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