USD/EUR Bullish Momentum: 0.85% Up In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.85% for the last 5 sessions. At 15:11 EST on Thursday, 9 March, USD/EUR (USDEUR) is $0.95.

USD/EUR’s yearly highs and lows, it’s 5.715% up from its 52-week low and 9.817% 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 0.03%, a positive 0.07%, and a positive 0.43%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.52% (last week), 0.33% (last month), and 0.43% (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 might nudge back to the lower end of the 1.0600-1.0700 range – ING. According to FXStreet on Tuesday, 7 March, "Helping EUR/USD yesterday were comments from ECB ultra hawk, Robert Holzmann, that the ECB should deliver four more 50 bps rate hikes. ", "Powell’s testimony should dominate today and might nudge EUR/USD back to the lower end of the 1.0600-1.0700 range."
  • Eur/usd price analysis: bears attack two-month-old support near 1.0540 to keep the reins. According to FXStreet on Tuesday, 7 March, "Even so, the 200-bar Simple Moving Average (SMA), close to 1.0735 by the press time, could act as a validation point for the EUR/USD pair’s further advances.", "Not only the quote’s U-turn from the short-term key horizontal resistance, around 1.0690-700 but the bearish MACD signals and sustained trading below the 200-SMA also keeps the EUR/USD sellers hopeful."
  • Eur/usd declines towards 1.0530 as fed’s powell endorses more rates. According to FXStreet on Wednesday, 8 March, "The EUR/USD pair has delivered a downside break of the consolidation around 1.0550 in the Asian session. "
  • Eur/usd technical analysis: rebound attempts ahead of important events – 07 March 2023. According to DailyForex on Tuesday, 7 March, "The recent bounce did not reach the price of the EUR/USD currency pair, to change the general trend, which is still bearish. ", "The EUR/USD will be affected today by the reaction from US Central Bank Governor Jerome Powell’s testimony."

More news about USD/EUR (USDEUR).

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