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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.04% for the last 10 sessions. At 13:11 EST on Sunday, 14 January, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 2.932% up from its 52-week low and 4.608% 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 0.07%, a negative 0.09%, and a positive 0.34%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.18% (last week), 0.36% (last month), and 0.34% (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 price analysis: trades higher around 1.0980 on subdued US dollar. According to FXStreet on Friday, 12 January, "The EUR/USD pair receives upward support due to the subdued US Dollar (USD), a trend attributed to the market’s expectations of five rate cuts by the Federal Reserve by the end of 2024, beginning with anticipated cuts in March and May.", "On the downside, the EUR/USD pair faces the possibility of breaking below the immediate support at the 23.6% Fibonacci retracement level, marked at 1.0964, followed by the key level of 1.0950. "
  • Eur/usd tumbles below 1.0950 as middle east tensions escalate, US PPI eyed. According to FXStreet on Friday, 12 January, "The EUR/USD pair has slipped below the crucial support of 1.0950 as the market mood has turned risk-averse amid deepening Middle East tensions. "
  • Eur/usd recovers slightly amid middle east tensions, post US PPI. According to FXStreet on Friday, 12 January, "Therefore, market participants seeking safety bought Gold and safe-haven peers, which weighed on the EUR/USD in the overnight session.", "From a technical perspective, the EUR/USD is neutral to upward biased, though back-to-back doji’s confirm indecision amongst traders. "
  • Eur/usd holds below 1.1000 ahead of US PPI data. According to FXStreet on Friday, 12 January, "The EUR/USD pair holds positive ground despite renewed US dollar (USD) demand during the early Asian session on Friday. "

More news about USD/EUR (USDEUR).

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