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

ViaNews Editorial Team

December 7, 2023

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

(VIANEWS) - USD/EUR (USDEUR) has been up by 1.18% for the last 10 sessions. At 08:07 EST on Thursday, 7 December, USD/EUR (USDEUR) is $0.93.

USD/EUR's yearly highs and lows, it's 4.747% up from its 52-week low and 2.926% 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 0.42%, a negative 0.03%, and a positive 0.31%, respectively.

USD/EUR's highest amplitude of average volatility was 0.42% (last week), 0.37% (last month), and 0.31% (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

  • Eur/usd extends the decline below 1.0800, eurozone retail sales eyed. According to FXStreet on Wednesday, 6 December, "The EUR/USD pair remains under selling pressure below the 1.0800 psychological mark during the early Asian session on Wednesday. "
  • Eur/usd forex signal: euro meltdown has more room to run - 06 December 2023. According to DailyForex on Wednesday, 6 December, "The EUR/USD pair continued its downtrend and reached a low of 1.0780, its lowest point on November 14th. ", "The EUR/USD price plunged to a low of 1.0782, its lowest level since November 14th. "
  • According to FXStreet on Tuesday, 5 December, "If the EUR/USD continues to fall, it may come into contact with the 100-day SMA at 1.0774 as a first point of support. ", "If the EUR/USD continues to fall, it may encounter the initial point of support at the December low of 1.0804 (December 4,5). "

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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