USD/EUR Bullish Momentum: 0.95% Up In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.95% for the last 5 sessions. At 05:08 EST on Wednesday, 3 January, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 3.078% up from its 52-week low and 4.472% 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 0.01%, a negative 0.06%, and a positive 0.34%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.31% (last week), 0.35% (last month), and 0.34% (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 stays near 1.1030, focus on US ISM manufacturing pmi, FOMC minutes. According to FXStreet on Tuesday, 2 January, "In the year 2023, the EUR/USD pair closed at 1.1036, up by 3.16% after two consecutive years of decline. "
  • Eur/usd price analysis: the key support level is seen at 1.1000. According to FXStreet on Tuesday, 2 January, "The EUR/USD pair loses momentum for the fourth consecutive day during the early European session on Tuesday. ", " From the technical perspective, EUR/USD keeps the negative outlook unchanged on the four-hour chart as the major pair holds below the key 100-hour Exponential Moving Averages (EMA). "
  • Eur/usd forecast: January 2024 – 01 January 2024. According to DailyForex on Monday, 1 January, "The first two weeks of the month delivered a test of emotional fortitude for EUR/USD speculators, particularly if they had bullish sentiment. ", "S inflation data came in weaker than expected, which set off more buying of the EUR/USD and a test of the 1.10400 ratio on the 22nd of December."
  • Eur/usd forex signal: break and retest pattern is forming – 02 January 2024. According to DailyForex on Tuesday, 2 January, "The EUR/USD exchange rate continued retreating on Tuesday after peaking at 1.1138 last week. ", "The EUR/USD price has pulled back as traders continue watching the ongoing geopolitical risks around the world. "

More news about USD/EUR (USDEUR).

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