USD/EUR Bullish Momentum: 0.81% Up In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.81% for the last 5 sessions. At 11:09 EST on Wednesday, 10 May, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 1.043% up from its 52-week low and 13.108% 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 positive 0.03%, a negative 0.01%, and a positive 0.42%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.16% (last week), 0.37% (last month), and 0.42% (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 to see a mild appreaction toward year-end – nordea. According to FXStreet on Monday, 8 May, "Economists at Nordea still hold their view for a higher EUR/USD towards year-end.", "However, it is far from certain that we will get a markedly higher EUR/USD given the fact that markets price in rate cuts from the Fed after the summer. "
  • Eur/usd: in the process of moving into a higher trading range between 1.1000 and 1.1500 – MUFG. According to FXStreet on Monday, 8 May, "Economists at MUFG Bank expect the EUR/USD pair to enjoy further gains in the coming months."
  • Eur/usd advances towards 1.1050 as US dollar begins inflation week on a negative note. According to FXStreet on Monday, 8 May, "Looking ahead, inflation data from Germany and the US will join the likely European Union (EU) sanctions on China, due to its alleged role in the Russia-Ukraine war, which will direct immediate EUR/USD moves. "

More news about USD/EUR (USDEUR).

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