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

ViaNews Editorial Team

October 10, 2023

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

(VIANEWS) - USD/EUR (USDEUR) has been up by 1.61% for the last 21 sessions. At 20:08 EST on Monday, 9 October, USD/EUR (USDEUR) is $0.94.

USD/EUR's yearly highs and lows, it's 6.54% up from its 52-week low and 8.952% down from its 52-week high.

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

  • Usd/jpy holds above 149.00 mark, upside remains capped on Israeli-palestinian conflict. According to FXStreet on Monday, 9 October, "The aforementioned mixed fundamental backdrop, in turn, warrants some caution for aggressive traders and could force the USD/JPY pair to extend its consolidative price action in the absence of any relevant market-moving economic data on Monday.", "This, along with subdued US Dollar (USD) price action, is seen acting as a heading for the USD/JPY pair."
  • Usd/jpy drops on risk-aversion spurred on middle-east tensions, falling US bond yields. According to FXStreet on Monday, 9 October, "The USD/JPY remains neutral to upward bias, with price action remaining above the Ichimoku Cloud (Kumo). ", "On the other hand and the path of least resistance, the USD/JPY could test the 150.00 figure, but first it needs to conquer 149.00"

More news about USD/EUR (USDEUR).

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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