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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.46% for the last 10 sessions. At 10:12 EST on Friday, 12 July, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.439% up from its 52-week low and 4.138% 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 negative 0.06%, and a positive 0.25%, respectively.

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

  • Usd/jpy plunges on another possible ‘yentervention’ alongside cooling US CPI inflation. According to FXStreet on Thursday, 11 July, "The pair is still sharply down from the day’s opening bids, but a long-running bull trend that has dragged USD/JPY to multi-decade highs has left the pair buried deep in bull country."
  • Usd/jpy holds above 159.00, traders are on high alert for more intervention. According to FXStreet on Friday, 12 July, "The USD/JPY pair holds positive ground near 159.10 after bouncing off a nearly three-week low of 157.41 during the early Asian trading hours on Friday. ", "The further possible intervention from officials is likely to support the JPY and act as a headwind for USD/JPY for the time being."
  • According to FXStreet on Wednesday, 10 July, "Looking ahead, the USD/JPY pair may target a critical resistance level near 162.70, positioned at the upper boundary of the ascending channel. ", "On the downside, initial support for the USD/JPY pair is anticipated around the 21-day Exponential Moving Average (EMA) at 159.96. "
  • According to FXStreet on Thursday, 11 July, "The USD/JPY pair may aim for psychological resistance near 163.00, located at the upper boundary of the ascending channel. "
  • According to FXStreet on Friday, 12 July, "The USD/JPY pair may find initial support near the psychological level of 109.00. ", "This expectation bolstered the JPY, contributing to a decline in the USD/JPY pair."

More news about USD/EUR (USDEUR).

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