USD/EUR Bullish By 2% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.17% for the last 21 sessions. At 07:06 EST on Wednesday, 6 September, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 4.927% up from its 52-week low and 11.219% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.25%, 0.08%, and 0.34%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.55% (last week), 0.32% (last month), and 0.34% (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

  • Eur/usd technical analysis: bear control is strong – 04 September 2023. According to DailyForex on Monday, 4 September, "Expectations of the euro against the dollar today:According to the performance on the daily chart below, the general direction of the euro pair against the US dollar EUR/USD increased in strength.", "The EUR/USD has fallen to the lowest support level of 1.0771 for the currency pair in more than three years months and closed last week’s trade around those losses."
  • Eur/usd price analysis: euro sellers need validation from 1.0750 and ecb’s lagarde. According to FXStreet on Monday, 4 September, "Apart from the stated support line, a speech from European Central Bank (ECB) President Christine Lagarde may also challenge the EUR/USD bears as the policymaker sounded hawkish in her latest speech.", "In a case where the EUR/USD sellers keep the reins past 1.0750, the May 31 low of around 1.0635 will lure the bears."
  • Eur/usd inches up amid quiet labor day, as lagarde’s failed to deliver. According to FXStreet on Monday, 4 September, "European Central Bank (ECB) officials failed to boost significantly the EUR, as the EUR/USD pair trades at 1.0792, almost flat as Tuesday’s Asian session begins."
  • Eur/usd: US holiday to restrict euro moves, further downside hinges on 1.0750 break and ecb’s lagarde. According to FXStreet on Monday, 4 September, "Moving on, the US markets are closed for the Labor Day holiday and hence the EUR/USD traders may witness a lackluster day but ECB President Christine Lagarde might help the momentum traders. ", "Further, the Wall Street benchmarks also improved in the recent few days, despite Friday’s sluggish closing, which in turn prod the EUR/USD traders."

More news about USD/EUR (USDEUR).

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