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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.64% for the last 21 sessions. At 15:12 EST on Monday, 20 February, USD/EUR (USDEUR) is $0.94.

USD/EUR’s yearly highs and lows, it’s 6.513% up from its 52-week low and 10.752% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.12%, 0.16%, and 0.45%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.25% (last week), 0.44% (last month), and 0.45% (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

  • Usd/jpy prints mild gains above 134.00 as sour sentiment, fed concerns joins firmer yields. According to FXStreet on Monday, 20 February, "Looking forward, Japan’s National Core Inflation numbers will join the second reading of the US fourth quarter (Q4) Gross Domestic Product to direct immediate USD/JPY moves. ", "USD/JPY pair’s successful trading above the 200-day Exponential Moving Average (EMA), around 133.80 by the press time, keeps USD/JPY buyers to aim for December 2022 peak surrounding 138.20."
  • Usd/jpy consolidates in a narrow range, manages to hold above 134.00 mark. According to FXStreet on Monday, 20 February, "This, in turn, will play a key role in influencing the USD/JPY pair and help determine the next leg of a directional move.", "The USD/JPY pair struggles to gain any traction on Monday and seesaws between tepid gains/minor losses through the early European session. "
  • Hints of a change to boj's ultra-dovish monetary policy could see usd/jpy sell off again – ING. According to FXStreet on Monday, 20 February, "Hints of change to the BoJ’s ultra-dovish monetary policy could pummel the USD/JPY pair, economists at ING r eport.", "Any hints of a change to the BoJ’s ultra-dovish monetary policy could see USD/JPY sell off again - dragging the broader Dollar with it."
  • Usd/jpy price analysis: remains confined in a range around 134.00, bullish potential intact. According to FXStreet on Monday, 20 February, "Some follow-through buying beyond the monthly peak, around the 135.10 zone touched on Friday, should allow the USD/JPY pair to climb further towards the 135.55-135.60 horizontal zone and eventually aim to reclaim the 136.00 round-figure mark.", "The cautious market mood, amid looming recession risks and geopolitical tensions, underpins the safe-haven Japanese Yen (JPY) and acts as a headwind for the USD/JPY pair."

More news about USD/EUR (USDEUR).

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