USD/EUR Bullish Momentum: 0.89% Up In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.89% for the last 5 sessions. At 20:13 EST on Tuesday, 9 May, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 1.12% up from its 52-week low and 13.041% 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 0.02%, a negative 0.02%, and a positive 0.42%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.15% (last week), 0.36% (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

  • Usd/jpy bulls cross 135.00 as boj’s ueda defends monetary policy inaction, yields rise. According to FXStreet on Tuesday, 9 May, "A clear rebound from the 21-DMA and a six-week-old ascending support line, respectively near 134.50 and 133.90, redirects USD/JPY buyers toward the 200-DMA resistance of around 137.00 by the press time."
  • According to FXStreet on Tuesday, 9 May, "At the time of writing, USD/JPY is trading modestly flat at around 135.15, as investors digest the above comments."
  • Usd/jpy eases from three-day high amid weaker usd, up a little around 135.00 mark. According to FXStreet on Monday, 8 May, "The USD/JPY pair builds on Friday’s positive move and gains some follow-through traction on the first day of a new week, albeit lacks follow-through buying. ", "Apart from this, the broader risk sentiment might allow traders to grab short-term opportunities around the USD/JPY pair. "
  • Usd/jpy price analysis: yen pares boj minutes-led gains below 135.00 as 50-sma prods bulls. According to FXStreet on Monday, 8 May, "With this, the USD/JPY bulls appear well-set to cross the 50-SMA hurdle surrounding 135.25. "
  • External backdrop is supportive for a lower usd/jpy – MUFG. According to FXStreet on Monday, 8 May, "We continue to believe that the external backdrop is supportive for a lower USD/JPY which remains significantly overvalued.", "The ongoing loss of confidence in US regional banks over the past week and the looming US debt ceiling debt deadline which the US Treasury says could be hit in early June should continue to place downward pressure on USD/JPY in the near-term."

More news about USD/EUR (USDEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *