USD/EUR Bullish Momentum: 0.754% Up In The Last 24 Hours

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.7541% for the last session’s close. At 11:11 EST on Thursday, 31 August, USD/EUR (USDEUR) is $0.92.

USD/EUR (USDEUR) Range

Regarding USD/EUR’s daily highs and lows, it’s 0.787% up from its trailing 24 hours low of $0.91 and 0.743% up from its trailing 24 hours high of $0.92.

USD/EUR’s yearly highs and lows, it’s 3.946% up from its 52-week low and 12.049% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.18%, a positive 0.02%, and a positive 0.33%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.47% (last week), 0.26% (last month), and 0.33% (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 overbought (>=80).

News about

  • Eur/usd forex signal: bearish ahead of US consumer confidence data – 29 August 2023. According to DailyForex on Tuesday, 29 August, "The EUR/USD exchange rate has been in a consolidation phase in the past two days and is hovering at the lowest level since June. ", "The EUR/USD pair was flat on Monday and Tuesday morning amid rising concerns about the European economy. "
  • According to FXStreet on Tuesday, 29 August, "The report could influence the action in EUR/USD due to its potential impact on the market pricing of the Fed’s rate outlook. ", "The 200-day Simple Moving Average (SMA) aligns as a key pivot level for EUR/USD at 1.0800. "
  • According to FXStreet on Tuesday, 29 August, "Further declines could motivate EUR/USD to revisit Friday’s low of 1.0765, ahead of the May 31 low of 1.0635 and the March 15 low of 1.0516. ", "Furthermore, sustained losses are likely in EUR/USD once the 200-day SMA (1.0807) is breached in a convincing fashion."
  • Eur/usd price analysis: euro stays defensive above 1.0770 support ahead of German/us data. According to FXStreet on Tuesday, 29 August, "Alternatively, the EUR/USD sellers need a daily closing beneath the previously stated key support line, around 1.0770 by the press time.", "It’s worth noting that a convergence of the 10-DMA and a 13-day-long falling trend line guards immediate recovery of the EUR/USD pair near 1.0850."
  • Eur/usd sticks to modest gains below mid-1.0800s, upside potential seems limited. According to FXStreet on Tuesday, 29 August, "The aforementioned fundamental backdrop makes it prudent to wait for strong follow-through buying before confirming that the EUR/USD pair has bottomed out in the near term and positioning for any further gains. ", "The EUR/USD pair gains some positive traction for the second straight day on Tuesday and recovers further from its lowest level since June 13, around the 1.0765 region touched last week. "

More news about USD/EUR (USDEUR).

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