USD/EUR Bullish By 3% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 3.33% for the last 21 sessions. At 21:12 EST on Wednesday, 16 August, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.71% up from its 52-week low and 12.25% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.17%, 0.11%, and 0.32%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.18% (last week), 0.28% (last month), and 0.32% (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

  • Usd/jpy technical analysis: testing its highest level in 9 months – 15 August 2023. According to DailyForex on Tuesday, 15 August, "According to the performance on the daily chart below, the general trend of the USD/JPY currency pair is upward, and its recent gains have moved all technical indicators toward strong overbought levels."
  • Japan Q2 GDP improves to 1.5% qoq versus 0.8% expected and 0.7% prior, usd/jpy slides below 145.50. According to FXStreet on Tuesday, 15 August, "Following the data, USD/JPY refreshed intraday low to 145.37, around 145.45 by the press time, while extending the late Monday’s U-turn from the highest level since November 2022, as well as probing the five-day uptrend."
  • 145 to 146 is the area where usd/jpy is trading “naturally” – commerzbank. According to FXStreet on Wednesday, 16 August, "With USD/JPY levels in the mid-145s, nobody seems to be afraid of interventions, economists at Commerzbank report."
  • Usd/jpy holds steady around mid-145.00s, bulls retain control near YTD peak. According to FXStreet on Tuesday, 15 August, "Nevertheless, the aforementioned fundamental backdrop suggests that the path of least resistance for the USD/JPY pair is to the upside. ", "The US Dollar (USD) holds steady just below a two-month peak touched the previous day and turns out to be a key factor acting as a tailwind for the USD/JPY pair. "

More news about USD/EUR (USDEUR).

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