(VIANEWS) – USD/EUR (USDEUR) has been up by 2.26% for the last 21 sessions. At 10:07 EST on Friday, 8 September, USD/EUR (USDEUR) is $0.93.
USD/EUR’s yearly highs and lows, it’s 4.995% up from its 52-week low and 11.162% 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%, 0.11%, and 0.34%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.33% (last week), 0.31% (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 bears eye 1.0635 as EU recession woes contrast with US soft landing concerns. According to FXStreet on Wednesday, 6 September, “Moving on, German Factory Orders and Eurozone Retail Sales for July will offer immediate directions to the EUR/USD pair ahead of the US ISM Services PMI for August, expected 52.6 versus 52.7 prior, as well as the final readings of the US S&P Global PMIs for the said month.”, “A daily closing below the ascending support line stretched from March, now immediate resistance near 1.0790, directs the EUR/USD bears toward June’s low of 1.0635.”
- According to FXStreet on Wednesday, 6 September, “If EUR/USD accelerates its losses, it could revisit the May 31 low of 1.0635prior to the March 15 low of 1.0516. “
- Eur/usd consolidates losses near 1.0730. According to FXStreet on Wednesday, 6 September, “The EUR/USD consolidated Tuesday’s losses, which saw the pair losing more than 0.60%. “
- Eur/usd price analysis: pair struggles to extend gains, hovers around 1.0730. According to FXStreet on Thursday, 7 September, “The firmer US Dollar (USD) is weighing on the EUR/USD pair as the investors seem to cheer up the hawkish tone surrounding the Federal Reserve (Fed) to maintain interest rates at a higher level for an extended period.”, “The 14-day Relative Strength Index (RSI) stays below 50, which suggests the EUR/USD pair remains to be bearish in the short term.”
- Eur/usd rebound fades below 1.0790 previous support on downbeat German factory orders, eu/us data eyed. According to FXStreet on Wednesday, 6 September, “The same appears as the key catalyst challenging the market’s previous risk-off mood and putting a floor under the EUR/USD price.”, “A daily closing below the ascending support line stretched from March, now immediate resistance near 1.0790, directs the EUR/USD bears toward June’s low of 1.0635.”
More news about USD/EUR (USDEUR).
