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USD/EUR Bearish Momentum With A 2% Drop In The Last 10 Sessions

ViaNews Editorial Team

December 26, 2023

USD/EUR Bearish Momentum With A 2% Drop In The Last 10 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 2.27% for the last 10 sessions. At 23:15 EST on Monday, 25 December, USD/EUR (USDEUR) is $0.91.

USD/EUR's yearly highs and lows, it's 2.345% up from its 52-week low and 5.152% 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 0.23%, a negative 0.05%, and a positive 0.35%, respectively.

USD/EUR's highest amplitude of average volatility was 0.35% (last week), 0.40% (last month), and 0.35% (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: weekly forecast 24th December - 30th December - 25 December 2023. According to DailyForex on Monday, 25 December, "Risk management should be used to guard against sudden unexpected moves in the EUR/USD if large orders suddenly cause fluctuations and jolt quiet Forex conditions.EUR/USD Weekly Outlook:", "On Thursday of last week the EUR/USD briefly flirted with the 1.10000 mark, but Friday's charge higher and price action into the weekend, even as Forex trading volumes dropped might prove to be significant going forward. "
  • Eur/usd analysis: amid the Christmas holidays - 25 December 2023. According to DailyForex on Monday, 25 December, "The price of the EUR/USD closed last week's trading higher, breaking through the psychological resistance level of 1.1000, which supports the bulls' control. ", "Currently, based on the performance on the daily chart below, there is an upward shift in the performance of the EUR/USD currency pair as long as it remains stable around and above the psychological resistance level of 1.1000. "

More news about USD/EUR (USDEUR).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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