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 14:11 EST on Sunday, 5 March, USD/EUR (USDEUR) is $0.94.

USD/EUR’s yearly highs and lows, it’s 5.155% up from its 52-week low and 10.294% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.26%, 0.23%, and 0.43%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.26% (last week), 0.47% (last month), and 0.43% (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

  • According to FXStreet on Friday, 3 March, "Given the early hours of trading, the EUR/USD pair fails to react to the news and grinds near the 1.0600 mark. "
  • Eur/usd: upside potential, 1.12 by end-2023 and 1.16 by end-2024 – ABN amro. According to FXStreet on Friday, 3 March, "Economists at ABN Amro believe that the EUR/USD pair is set to advance nicely over the coming months.", "Our forecast for the end of 2023 for EUR/USD is 1.12 and to 1.16 end of 2024."
  • Eur/usd aims to shift business above 1.0600 amid subdued USD index, US services PMI eyed. According to FXStreet on Friday, 3 March, "The EUR/USD pair has scaled above the round-level resistance of 1.0600 in the Asian session after a recovery move. "
  • Eur/usd could stage a modest recovery in the coming few weeks – HSBC. According to FXStreet on Friday, 3 March, "Barring exceptionally hawkish US data or geopolitical deterioration, we believe EUR/USD could stage a modest recovery in the coming few weeks."

More news about USD/EUR (USDEUR).

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