USD/EUR Bullish By 1% In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.63% for the last 10 sessions. At 05:12 EST on Tuesday, 7 February, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 7.287% up from its 52-week low and 10.952% 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 0.15%, a negative 0.09%, and a positive 0.52%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.19% (last week), 0.42% (last month), and 0.52% (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 Sunday, 5 February, "Following the news, the USD/JPY pair defends Friday’s recovery moves around 131.85, up nearly half a percent intraday."
  • Usd/jpy: the ingredients are in place for a renewed move lower – HSBC. According to FXStreet on Monday, 6 February, "A move lower in USD/JPY over the coming few weeks will mostly rely on the outlook for BoJ policy change, but other more medium-term forces (such as improving current account balance) should also be helping in the background."
  • Usd/jpy price analysis: eases from 50% fibo but buyers stay hopeful above 132.00. According to FXStreet on Tuesday, 7 February, "Following that, the previous resistance line from mid-December 2022, near 129.40 at the latest, could act as the last defense of the USD/JPY bulls.", "On the contrary, a clear upside break of the 50% Fibonacci retracement level of 132.75 could propel the USD/JPY towards the 61.8% Fibonacci retracement, also known as the golden level of 134.05."
  • Usd/jpy skids below 132.50 as boj confirms stealth intervention. According to FXStreet on Tuesday, 7 February, "The USD/JPY pair has slipped below the immediate cushion of 132.50 in the Asian session. ", "On the Japanese Yen front, the stealth intervention by the BoJ might have been conducted amid fresh concerns that further interest rate hikes by the Fed will weaken the USD/JPY broadly."
  • Usd/jpy price analysis: renews three-week high but 50-dma probes bulls. According to FXStreet on Monday, 6 February, "On the flip side, the aforementioned resistance-turned-support confluence near the 130.00 psychological magnet puts a floor under the USD/JPY prices.", "If at all the USD/JPY bears manage to conquer the 128.20 support bottom surrounding 127.20 and May 2022 low near 126.35 could probe them before highlighting the 120.00 round figure."

More news about USD/EUR (USDEUR).

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