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USD/EUR Bullish Momentum: 0.92% Up In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.92% for the last 10 sessions. At 05:08 EST on Tuesday, 5 December, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.958% up from its 52-week low and 3.708% 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 0.13%, and a positive 0.31%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.38% (last week), 0.38% (last month), and 0.31% (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

  • According to FXStreet on Sunday, 3 December, "At the time of writing, the USD/JPY pair is trading around 146.43, down 0.32% on the day."
  • According to FXStreet on Monday, 4 December, "This, in turn, warrants some caution before confirming that the USD/JPY pair has formed a near-term bottom and positioning for further gains.", "Nevertheless, the fundamental backdrop suggests that the path of least resistance for the USD/JPY pair is to the downside. "
  • Usd/jpy analysis: strong oversold levels – 04 December 2023. According to DailyForex on Monday, 4 December, "In the near term, and according to the performance on the hourly chart, it appears that the USD/JPY is trading within an ascending channel. ", "As a result, USD/JPY appears to be moving near overbought levels of the RSI on the 14-hour frame. "
  • Usd/jpy gains as the US 10-year bond yield climb. According to FXStreet on Monday, 4 December, "The USD/JPY pair remains trading in an uptrend as US Treasury bond yields advance, mainly the 10-year benchmark note, rising close to ten basis points at 4.289%, a tailwind for the major. ", "On the other hand, USD/JPY falling below the 147.00 figure could exacerbate a test of the September 11 low at 145.89, ahead of the September 1 daily low at 144.44."

More news about USD/EUR (USDEUR).

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