USD/EUR Bearish Momentum With A 1% Drop In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.42% for the last 5 sessions. At 11:11 EST on Monday, 18 December, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.247% up from its 52-week low and 4.316% 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 0.53%, a negative 0.06%, and a positive 0.32%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.53% (last week), 0.36% (last month), and 0.32% (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

  • Eur/usd clings to mild gains around 1.0900, focus on German IFO data. According to FXStreet on Monday, 18 December, "This, in turn, exerts some selling pressure on the Euro (EUR) and acts as a headwind to the EUR/USD pair. "
  • Eur/usd price analysis: rebounds ahead of German data, holds above 1.0900. According to FXStreet on Monday, 18 December, "A firm break below the support region could put pressure on the bears of the EUR/USD pair to navigate the psychological area around 38.2% Fibonacci retracement at 1.0801.", "This shows a potential for an upward trend, which could influence the EUR/USD pair to break above the barrier to explore the major level at 1.1050."

More news about USD/EUR (USDEUR).

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