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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 06:11 EST on Tuesday, 19 March, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.98% up from its 52-week low and 3.636% down from its 52-week high.

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, 18 March, "This, in turn, warrants some caution for the USD/JPY bulls and before positioning for any further appreciating move. ", "This, in turn, is seen as another factor that contributes to the bid tone surrounding the USD/JPY pair."
  • Usd/jpy: A boj hike can trigger a correction to levels below 148.00 – ING. According to FXStreet on Monday, 18 March, "Our view remains that USD/JPY will trade lower from the second quarter, but that relies on lower USD rates as much as a BoJ hike."
  • According to FXStreet on Tuesday, 19 March, "This is followed by the 148.00 round figure, below which the USD/JPY pair could accelerate the downfall towards the 100-day Simple Moving Average (SMA), currently pegged near the 147.65 region. ", "Apart from this, a modest US Dollar (USD) strength, bolstered by reduced bets for steep interest rate cuts by the Federal Reserve (Fed), lifts the USD/JPY pair closer to mid-149.00s."
  • Boj preview: four scenarios and their implications for usd/jpy – TDS. According to FXStreet on Monday, 18 March, "Economists at TD Securities discuss the Bank of Japan (BoJ) Interest Rate Decision and their implications for the USD/JPY pair."

More news about USD/EUR (USDEUR).

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