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

(VIANEWS) – USD/EUR (USDEUR) has been up by 3.49% for the last 21 sessions. At 00:07 EST on Wednesday, 27 September, USD/EUR (USDEUR) is $0.95.

USD/EUR’s yearly highs and lows, it’s 6.731% up from its 52-week low and 9.693% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.16%, 0.07%, and 0.31%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.20% (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 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.", "This is followed by last week’s swing high, around the 1.0735 region, which if cleared decisively could lift the EUR/USD pair towards challenging the 1.0780 hurdle, representing the top boundary of the aforementioned channel. "
  • Eur/usd trades below 1.0600 marked lowest since March, eurozone hicp, US core PCE eyed. According to FXStreet on Tuesday, 26 September, "These datasets may provide crucial insights into the inflationary pressures in both economies and could impact trading decisions on the EUR/USD pair."
  • Eur/usd: upside potential near-term – danske bank. According to FXStreet on Monday, 25 September, "Peak policy rates, an improving manufacturing sector relative to the service sector, and/or easing China pessimism could add some support to EUR/USD in the near-term.", "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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