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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.26% for the last 10 sessions. At 20:11 EST on Monday, 1 April, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 4.995% up from its 52-week low and 2.696% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.03%, 0.01%, and 0.24%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.17% (last week), 0.27% (last month), and 0.24% (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 price analysis: maintains position below the psychological level of 1.0800. According to FXStreet on Monday, 1 April, "Although a lagging indicator, this alignment indicates a confirmation of the bearish momentum for the EUR/USD pair.", "A break below this level could lead the EUR/USD pair to navigate the area around the psychological level of 1.0700."
  • Eur/usd trades on a weaker note below 1.0800, investors await the US PMI data. According to FXStreet on Monday, 1 April, "The EUR/USD pair trades on a weaker note near 1.0787 on the renewed US dollar (USD) demand during the early Asian session on Monday. ", "The higher-for-longer stance from the Federal Reserve (Fed) provides some support to the Greenback and weighs on the EUR/USD pair. "
  • Eur/usd faces pressure near 1.0800 ahead of data-packed week. According to FXStreet on Monday, 1 April, "The EUR/USD pair falls after a pullback move to near the round-level resistance of 1.0800 in the late London session. "
  • Eur/usd monthly forecast: April 2024 – 31 March 2024. According to DailyForex on Sunday, 31 March, "S will take on added significance and have an effect on the EUR/USD which is likely to create a rather wide price range being demonstrated. ", "But if jobs numbers this coming Friday proves weaker than anticipated this could lead to some bullish ignition in the EUR/USD based on the notion the Fed will have ammunition to pursue a rate cut in June. "
  • Eur/usd dips below 1.0750 on strong US ISM PMI reading. According to FXStreet on Monday, 1 April, "Following the data, the EUR/USD has extended its losses past the psychological 1.0750 figure, which could exacerbate a test of the February 14 swing low of 1.0694.", "The EUR/USD daily chart portrays the pair as aiming toward the 1.0700 figure, ahead of challenging 1.0694, February’s 14 low. "

More news about USD/EUR (USDEUR).

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