USD/EUR Bullish By 2% In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.13% for the last 10 sessions. At 08:09 EST on Friday, 11 October, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 2.489% up from its 52-week low and 4.052% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.28%, 0.04%, and 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.30% (last week), 0.29% (last month), and 0.28% (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

  • According to FXStreet on Wednesday, 9 October, "This, along with the fact that oscillators on the daily chart have been gaining positive traction, suggests that the path of least resistance for the USD/JPY pair is to the upside. ", "Apart from this, subdued US Dollar (USD) demand fails to assist the USD/JPY pair to capitalize on the overnight bounce from the 147.35-147.30 region and contributes to the range-bound price action during the Asian session on Wednesday. "
  • Usd/jpy price forecast: surges above 149.00 sponsored by elevates US yields. According to FXStreet on Wednesday, 9 October, "If USD/JPY extends its gains above the August 15 high of 149.39, the 150.00 figure will be exposed. ", "The USD/JPY rallied and pushed above 149.00 for the first time since mid-August, sponsored by the jump in US Treasury yields due to their close positive correlation with the pair. "
  • According to FXStreet on Thursday, 10 October, "This, in turn, should help limit the downside for the USD/JPY pair near the 148.00 round figure. ", "Moreover, oscillators on the daily chart have been gaining positive traction and are away from being in the overbought territory, suggesting that the path of least resistance for the USD/JPY pair is to the upside. "
  • Usd/jpy can remain sensitive to US rates – DBS. According to FXStreet on Thursday, 10 October, "With speculative positioning still not deeply short, intervention does not appear to be an imminent risk, and USD/JPY could remain sensitive to US rates for now."
  • According to FXStreet on Friday, 11 October, "The Japanese Yen (JPY) struggles to attract any meaningful buyers during the Asian session on Friday, with the USD/JPY pair holding just below its highest level since early August touched the previous day. ", "Moreover, oscillators on the daily chart have been gaining positive traction and are far from being in the overbought territory, suggesting that the path of least resistance for the USD/JPY pair is to the upside. "

More news about USD/EUR (USDEUR).

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