USD/EUR Bearish Momentum With A 1% Slide In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.7% for the last 21 sessions. At 20:09 EST on Tuesday, 28 May, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.89% up from its 52-week low and 3.72% 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 0.05%, a negative 0.08%, and a positive 0.25%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.21% (last week), 0.23% (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: flatlines amid subdued session, hovers around 156.90. According to FXStreet on Monday, 27 May, "From a technical perspective, the USD/JPY is upward biased, as evidenced by successive series of higher highs and lows and price action standing above the Ichimoku Cloud (Kumo). "
  • Usd/jpy cycles below 157.00 as investors await hints on central bank rate moves. According to FXStreet on Tuesday, 28 May, "The trading week opened quietly with US markets shuttered on Monday for the Memorial Day holiday, and Tuesday will officially kick off the full trading week for the USD/JPY pair. ", "Despite broad weakness in the Greenback on Monday, the Yen couldn’t find a foothold, keeping USD/JPY hobbled beneath the 157.00 handle. "
  • According to FXStreet on Monday, 27 May, "The USD/JPY pair might retest the upper boundary of the rising wedge around 157.30. ", "If breached, these levels could exert downward pressure on the USD/JPY pair, potentially guiding it toward the throwback support at 151.86."
  • According to FXStreet on Tuesday, 28 May, "At the time of writing, USD/JPY is off the lows, trading near 156.75, still down 0.08% so far."
  • According to FXStreet on Tuesday, 28 May, "A breach of these levels could exert downward pressure on the USD/JPY pair, potentially leading it towards the throwback support at 151.86."

More news about USD/EUR (USDEUR).

Leave a Reply

Your email address will not be published.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