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USD/EUR Bullish Momentum: 0.91% Up In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.91% for the last 10 sessions. At 06:07 EST on Friday, 30 June, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 2.274% 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 positive 0.16%, a negative 0.09%, and a positive 0.36%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.35% (last week), 0.37% (last month), and 0.36% (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 price analysis: 100/200-hour smas confluence holds the key ahead of fed’s powell. According to FXStreet on Wednesday, 28 June, "The Federal Reserve’s (Fed) hawkish outlook, along with the upbeat US macro data released on Tuesday, assist the US Dollar (USD) to regain positive traction, which, in turn, is seen dragging the EUR/USD pair lower. ", "A sustained strength beyond the latter will confirm a fresh bullish breakout and allow the EUR/USD pair to build on its recent rise witnessed over the past month or so."
  • According to FXStreet on Wednesday, 28 June, "The constructive view of EUR/USD appears unchanged as long as the pair trades above the crucial 200-day SMA, today at 1.0578."
  • Eur/usd floats above 1.0900 as ECB hawks jostle with upbeat US banking stress test, fed powell’s speech. According to FXStreet on Wednesday, 28 June, "Unless breaking a three-week-old rising support line, around 1.0900 by the press time, EUR/USD bears struggle to keep the reins.", "It should be noted that the recent comments from European Central Bank (ECB) policymakerMario Centeno and US Treasury Secretary Janet Yellen fail to inspire the EUR/USD bears, and neither did the previous day’s hawkish statements from multiple ECB officials. "
  • According to FXStreet on Wednesday, 28 June, "It leaves EUR/USD continuing to trade towards the top of this year’s trading range."
  • Eur/usd forex signal: more upside as lagarde points to more hikes – 28 June 2023. According to DailyForex on Wednesday, 28 June, "The EUR/USD pair continued rising after the relatively hawkish statement by Christine Lagarde, the European Central Bank (ECB) chair. ", "The EUR/USD pair moved above the 50-period moving average while the Relative Strength Index (RSI) has moved above the neutral point of 50. "

More news about USD/EUR (USDEUR).

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