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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.91% for the last 10 sessions. At 07:16 EST on Monday, 19 June, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 1.564% up from its 52-week low and 12.66% 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 0.45%, a negative 0.09%, and a positive 0.37%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.45% (last week), 0.32% (last month), and 0.37% (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 price analysis: breaks to new YTD highs on USD strength, rising wedge in focus. According to FXStreet on Saturday, 17 June, "Failure to crack resistance and push prices above 142.00 would expose the USD/JPY to selling pressure. ", "The major has been trading within a rising wedge, and the USD/JPY closed nearby the top-trendline of the pattern at around 141.86. "
  • Usd/jpy trades just below 142.00 mark, its highest level since November 2022. According to FXStreet on Monday, 19 June, "This, in turn, will play a key role in influencing the USD price dynamics and provide some meaningful impetus to the USD/JPY pair. ", "This, in turn, is seen as a key factor acting as a tailwind for the USD/JPY pair on the first day of a new week."
  • Usd/jpy price analysis: yen pair retreats from yearly top near 142.00 but bears remain cautious. According to FXStreet on Monday, 19 June, "However, a three-week-old previous resistance line joins bullish MACD signals to challenge the intraday sellers of the USD/JPY pair around 141.40.", "On the contrary, the 142.00 round figure guards the immediate upside of the USD/JPY pair ahead of the November 2022 high of around 142.20-25."

More news about USD/EUR (USDEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *