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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.65% for the last 21 sessions. At 04:09 EST on Tuesday, 29 August, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 4.172% up from its 52-week low and 11.858% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.13%, 0.05%, and 0.32%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.38% (last week), 0.25% (last month), and 0.32% (last quarter), respectively.

News about

  • Eur/usd: euro bulls approach 1.0850 as US dollar traces softer yields, focus on German/us statistics. According to FXStreet on Monday, 28 August, "A convergence of the 13-day-old falling resistance line and the 10-day SMA, around 1.0850 by the press time, restricts the immediate upside of the EUR/USD pair even as the nearly oversold RSI conditions lure the buyers.", "However, looming economic concerns about the Old Continent keep the EUR/USD bears hopeful as the top-tier inflation numbers from the bloc and the US for August loom, together with the US employment report."
  • Eur/usd forex signal: downward trend to go on for a while – 28 August 2023. According to DailyForex on Monday, 28 August, "The EUR/USD remained in a tight range after Jerome Powell insisted that the Fed was not done with its rate hikes. ", "The EUR/USD pair reacted mildly to the relatively hawkish statement by Jerome Powell, the Federal Reserve chair, at the Jackson Hole Symposium. "
  • Eur/usd price analysis: pair retraces recent losses, plods above 1.0800. According to FXStreet on Monday, 28 August, "A break above that level could support the EUR/USD pair to explore the area around the 14-day EMA at 1.0874 level, followed by the 1.0900 psychological level.", "The 14-day Relative Strength Index (RSI) remains below 50, which suggests a bearish bias of the EUR/USD traders. "
  • Eur/usd technical analysis: important trading week ahead – 28 August 2023. According to DailyForex on Monday, 28 August, "I would rather consider buying the EUR/USD pair without risking from the 1.0720 and 1.0645 support levels respectively.", "Accordingly, the price of the euro currency pair against the US dollar EUR/USD moved towards the support level of 1.0765 at the end of last week’s trades, which is the lowest for the currency pair in more than two months and closed the week’s trades stable around the 1.0795 level."

More news about USD/EUR (USDEUR).

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