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 08:06 EST on Thursday, 16 February, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 6.434% up from its 52-week low and 10.828% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.12%, 0.16%, and 0.45%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.25% (last week), 0.44% (last month), and 0.45% (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 overbought (>=80).

News about

  • Eur/usd May slip back to 1.0650/1.0700 should core inflation come in at 0.4% or 0.5% mom – ING. According to FXStreet on Tuesday, 14 February, "We continue to see downside risks for EUR/USD in the very near term as US data may endorse further Fed hikes and the Euro lacks any solid domestic support."
  • Eur/usd: consolidating ahead of another push lower – scotiabank. According to FXStreet on Tuesday, 14 February, "However, economists at Scotiabank do not expect the EUR/USD pair to extend its race higher."
  • Eur/usd price analysis: bearish channel, 200-hma challenge latest run-up. According to FXStreet on Tuesday, 14 February, "On the flip side, a clear break of the resistance-turned-support line, close to 1.0700 at the latest, isn’t an open welcome to the EUR/USD bears as the aforementioned channel’s lower line acts as the last defense of the Euro pair buyers around 1.0655.", "It’s worth noting, however, that a convergence of the 200-Hour Moving Average (HMA) joins the top line of a one-week-old descending trend channel to offer a tough nut to crack for the EUR/USD bulls around 1.0780."
  • Eur/usd advances towards 1.0770 as USD index struggles to find cushion ahead of US CPI. According to FXStreet on Tuesday, 14 February, "The EUR/USD pair refreshed its day’s high around 1.0730 and is hovering around it continuously in the Tokyo session. "

More news about USD/EUR (USDEUR).

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