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

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.38% for the last 21 sessions. At 11:07 EST on Tuesday, 26 September, USD/EUR (USDEUR) is $0.95.

USD/EUR’s yearly highs and lows, it’s 6.585% up from its 52-week low and 9.817% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.14%, 0.07%, and 0.31%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.18% (last week), 0.32% (last month), and 0.31% (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 forecast: euro faces uphill battle amidst market uncertainties – 25 September 2023. According to DailyForex on Monday, 25 September, "Currently, a prudent strategy involves considering short positions on the EUR/USD pair during rallies, as this approach could unlock substantial trading opportunities. ", "As the EUR/USD currency pair grapples with instability and seeks a clear direction, it becomes evident that the Euro is confronting persistent challenges. "
  • Eur/usd looking to recover balance near 1.06 after slipping to 1.0575. According to FXStreet on Monday, 25 September, "The EUR/USD fell off of recent action to settleata fresh six-month low at the 1.0660 handle. ", "Intraday action sees the EUR/USD sharply off near-term swing highs near 1.0670, tumbling 0.76% peak-to-trough on Monday."
  • Eur/usd price analysis: languishes near multi-month low, setup favours bearish traders. According to FXStreet on Monday, 25 September, "Some follow-through selling will mark a fresh bearish breakdown and set the stage for an extension of the EUR/USD pair’s over a two-month-old downtrend.", "The shared currency, on the other hand, is undermined by the European Central Bank’s (ECB) dovish rate decision last Thursday, which further contributes to keeping a lid on the EUR/USD pair."
  • Eur/usd: upside potential near-term – danske bank. According to FXStreet on Monday, 25 September, "We maintain the strategic case for a lower EUR/USD based on relative terms of trade, real rates (growth prospects) and relative unit labour costs. ", "Analysts at Danske Bank maintain their strategic case for a lower EUR/USD pair based on relative terms of trade, real rates and relative unit labour costs. "

More news about USD/EUR (USDEUR).

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