USD/EUR Bullish By 1% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.53% for the last 21 sessions. At 05:08 EST on Wednesday, 1 May, USD/EUR (USDEUR) is $0.94.

USD/EUR’s yearly highs and lows, it’s 5.638% up from its 52-week low and 2.1% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.06%, 0.02%, and 0.26%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.23% (last week), 0.26% (last month), and 0.26% (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 holds positive ground above 1.0700, eyes on German CPI data. According to FXStreet on Monday, 29 April, "The EUR/USD pair trades on astrongernotearound1.0710duringthe early Asian trading hours on Monday. ", "This, in turn, might lift the Greenback and cap the upside of the EUR/USD pair in the near term. "
  • Eur/usd price analysis: keeps steady above 1.0700 amid shift to upward momentum. According to FXStreet on Monday, 29 April, "Furthermore, the lagging indicator Moving Average Convergence Divergence (MACD) suggests a shift toward upward momentum for the EUR/USD pair. ", "The EUR/USD pair faces an immediate barrier at the major level of 1.0750, corresponding with the upper boundary of the descending channel. "
  • Eur/usd surrenders intraday gains ahead of us, eurozone data-packed week. According to FXStreet on Monday, 29 April, "The EUR/USD pair struggles to sustain above the round-level resistance of 1.0700 in Monday’s early Americansession. ", "The holistic view of the EUR/USD pair indicates a sharp volatility contraction due to a Symmetrical Triangle formation on a daily timeframe. "
  • Eur/usd drops to near 1.0650 ahead of fed policy. According to FXStreet on Wednesday, 1 May, "Additionally, hawkish remarks from Fed officials, signaling no immediate need for rate cuts, undermined the EUR/USD pair."
  • Eur/usd price analysis: manages to hold above 200-hour SMA ahead of eurozone cpi, FOMC. According to FXStreet on Tuesday, 30 April, "A convincing break below might prompt some technical selling and drag the EUR/USD pair towards last week’s swing low, around the 1.0625 region en route to the 1.0600 mark or the YTD trough touched earlier this month.", "The EUR/USD pair might then accelerate the positive move towards reclaiming the 1.0800 round figure before climbing to the 1.0835-1.0840 intermediate barrier and the monthly peak, around the 1.0885 region. "

More news about USD/EUR (USDEUR).

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