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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.16% for the last 10 sessions. At 22:06 EST on Thursday, 11 July, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.755% up from its 52-week low and 3.845% 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 price analysis: trends upward for third-straight day, buyers eye 162.00. According to FXStreet on Wednesday, 10 July, "From a technical standpoint, the USD/JPY uptrend remains intact, though sellers could emerge at around the psychological 162.00 resistance level.", "If USD/JPY decisively clears 162.00, the next resistance would be 163.00, and the November 1986 high of 164.87."
  • 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. "
  • 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."
  • 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. "
  • Usd/jpy: A new line in the sand for intervention at 165 – ING. According to FXStreet on Wednesday, 10 July, "Periods of quiet volatility may continue to push USD/JPY higher, with a new line in the sand for intervention now close to 165, in our view. ", "Periods of quiet volatility may continue to push USD/JPY higher, with a new line in the sand for intervention now close to 165, ING’s FX analyst Francesco Pesole notes."

More news about USD/EUR (USDEUR).

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