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 12:06 EST on Tuesday, 26 March, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 4.082% up from its 52-week low and 3.542% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.16%, 0.01%, and 0.25%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.50% (last week), 0.27% (last month), and 0.25% (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 nudges closer to 200-dma amid weak US dollar. According to FXStreet on Monday, 25 March, "The EUR/USD is forming a ‘bullish harami’ candle pattern that would need buyers to reclaim the March 22 high of 1.0868, so they could be poised to challenge 1.0900. "
  • Eur/usd struggles for a firm intraday direction, stuck in a range below mid-1.0800s. According to FXStreet on Tuesday, 26 March, "The EUR/USD pair struggles to capitalize on the previous day’s goodish rebound from the 1.0800 mark, or a three-week low and oscillates in a narrow range during the Asian session on Tuesday. ", "This, in turn, holds back traders from placing fresh USD directional bets and leads to the EUR/USD pair’s subdued/range-bound price action."
  • Eur/usd forex signal: more downside possible as bears prevail – 25 March 2024. According to DailyForex on Monday, 25 March, "The EUR/USD pair retreated as the market reflected on the recent European Central Bank (ECB) and Federal Reserve interest rate decisions.", "The EUR/USD exchange rate peaked at 1.0980 earlier this month and has crashed hard to the support at 1.0800. "
  • Eur/usd remains fragile – ING. According to FXStreet on Monday, 25 March, "EUR/USD remains fragile, but at least the steadier story for the Renminbi will discourage aggressive sales of EUR/USD through 1.0800."
  • Eur/usd forex signal: weakly bullish above $1.0832 – 26 March 2024. According to DailyForex on Tuesday, 26 March, "My previous EUR/USD signal on 12thMarchwas not triggered as the bullish price action took place below the support level which I had identified at $1.0914.", "In my previous analysis ofthe EUR/USD currency pairtwo weeks ago, I wrote that the real question seemed to be whether the $1.0900 area would hold now. "

More news about USD/EUR (USDEUR).

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