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

(VIANEWS) – USD/EUR (USDEUR) has been up by 3% for the last 21 sessions. At 19:12 EST on Tuesday, 15 August, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.383% up from its 52-week low and 12.526% 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 0.26% (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

  • According to FXStreet on Monday, 14 August, "Following the news, EUR/USD pares intraday losses at the lowest level in a week, picking up bids to 1.0935 heading into Monday’s European session."
  • Eur/usd sellers attack 1.0930 support on firmer yields, downbeat ECB concerns, focus on fed minutes. According to FXStreet on Sunday, 13 August, "A daily closing below the 100-DMA support of 1.0930 becomes necessary for the EUR/USD bears to keep the reins.", "Looking forward, the second reading of the Eurozone growth and inflation data will join the US Retail Sales and the Fed Minutes to entertain the EUR/USD traders moving forward. "
  • Eur/usd slides to one-week low past 1.0950 as US dollar dribbles, focus on ECB vs. fed divergence. According to FXStreet on Monday, 14 August, "However, fears of debt market fallouts in China and the looming recession woes in the Eurozone exert downside pressure on the EUR/USD price, especially amid the firmer US Treasury bond yields.", "Looking ahead, a light calendar in the bloc joins the cautious mood ahead of Fed Minutes to prod the EUR/USD pair traders. "
  • Eur/usd: weekly forecast 13th August – 16th August – 13 August 2023. According to DailyForex on Sunday, 13 August, "Traders who believe the EUR/USD has been oversold may be proven correct eventually, but jumping in front of the current bearish path could be expensive and dangerous. ", "The 1.10000 level again became a battlefield and later on Thursday the EUR/USD was not able to sustain momentum above this ratio. "

More news about USD/EUR (USDEUR).

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