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USD/EUR Bullish Momentum: 0.95% Up In The Last 10 Sessions

ViaNews Editorial Team

January 15, 2024

USD/EUR Bullish Momentum: 0.95% Up In The Last 10 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 0.95% for the last 10 sessions. At 18:09 EST on Monday, 15 January, USD/EUR (USDEUR) is $0.91.

USD/EUR's yearly highs and lows, it's 2.954% up from its 52-week low and 4.587% down from its 52-week high.

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

  • Usd/jpy holds above 145.00 despite weaker US dollar. According to FXStreet on Monday, 15 January, "This, in turn, might cap the upside of the Greenback and act as a headwind for the USD/JPY pair. ", "Traders will take cues from these figures and find trading opportunities around the USD/JPY pair."
  • Usd/jpy analysis: moving inside an upward channel - 15 January 2024. According to DailyForex on Monday, 15 January, "In the near term, and according to the performance on the hourly chart, it appears that the USD/JPY currency pair is trading within a descending channel. ", "In the long term, and according to the performance on the daily chart, it appears that the USD/JPY currency pair is trading within an upward channel. "
  • Usd/jpy forecast: usd/jpy continues to see volatility on Friday - 15 January 2024. According to DailyForex on Monday, 15 January, "Despite this setback, there are several crucial factors to consider in the USD/JPY currency pair.", "At the end of the day, the USD/JPY currency pair experienced a downturn in response to the weaker PPI data. "
  • Usd/jpy climbs in light trading and faces resistance at around 146.00. According to FXStreet on Monday, 15 January, "Despite that, the Greenback (USD) remains strong across the board, as the USD/JPY exchanges hands at 145.79, up by 0.63%.", "The daily chart portrays the pair at the brisk of shifting bullish, as the USD/JPY spot price is near the bottom of the Ichimoku Cloud (Kumo). "

More news about USD/EUR (USDEUR).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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