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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.01% for the last 10 sessions. At 04:08 EST on Tuesday, 24 September, USD/EUR (USDEUR) is $0.90.

USD/EUR’s yearly highs and lows, it’s 0.571% up from its 52-week low and 6.176% 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 positive 0.02%, a negative 0.03%, and a positive 0.26%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.19% (last week), 0.27% (last month), and 0.26% (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 oversold (<=20).

News about

  • According to FXStreet on Monday, 23 September, "A breakthrough above this level could support the USD/JPY pair to test the psychological level of the 145.00.", "On the downside, the USD/JPY pair could test the 21-day Exponential Moving Average (EMA) at the 143.76 level, followed by the nine-day EMA at the 143.00 level. "
  • Usd/jpy price forecast: slips on soft US pmis, drops below 144.00. According to FXStreet on Monday, 23 September, "The USD/JPY snapped two days of gains and dropped late in the North American session following softer-than-expected US economic data, fueling rate cut speculation by the Federal Reserve. ", "Conversely, if USD/JPY buyers move in and push prices above 144.00, further upside lies above the September 20 high of 144.49."
  • According to FXStreet on Tuesday, 24 September, "The USD/JPY pair may weaken due to increasing expectations for further rate cuts by the US Federal Reserve (Fed) in 2024. ", "A breakout above this level could enable the USD/JPY pair to challenge the psychological barrier of 145.00."

More news about USD/EUR (USDEUR).

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