USD/EUR Bullish Momentum: 0.94% Up In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.94% for the last 10 sessions. At 16:13 EST on Monday, 25 March, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 4.003% up from its 52-week low and 3.615% 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 0.05%, a negative 0.02%, and a positive 0.25%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.39% (last week), 0.25% (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

  • Usd/jpy loses ground on Monday after intervention talk. According to FXStreet on Monday, 25 March, "From a technical perspective the USD/JPY has formed a bearish Hanging Man Japanese candlestick pattern (circled) on Thursday, suggesting a heightened risk of a short-term reversal and pullback."
  • Usd/jpy: verbal intervention from Japanese officials to help dampen further upside in the near term – MUFG. According to FXStreet on Monday, 25 March, "However, we do expect verbal intervention from Japanese officials to help dampen further upside for USD/JPY in the near term. "
  • Usd/jpy: scope for the Japanese yen to recover moderately in the months ahead – rabobank. According to FXStreet on Monday, 25 March, "We see scope for the JPY to recover moderately in the months ahead and maintain a 12-month target of USD/JPY at 140.00."
  • Usd/jpy to drop to at least 140.00 by year-end – MUFG. According to FXStreet on Monday, 25 March, "We still see scope for USD/JPY to drop to at least 140.00 by year-end with risks of a move to the mid-130.00’s. "

More news about USD/EUR (USDEUR).

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