USD/EUR Bullish Momentum: 0.96% Up In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.96% for the last 10 sessions. At 06:10 EST on Tuesday, 11 June, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 4.826% up from its 52-week low and 2.853% down from its 52-week high.


USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.24%, a negative 0.02%, and a positive 0.26%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.32% (last week), 0.26% (last month), and 0.26% (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 Monday, 10 June, "The Euro fails to find any impetus from the ECB official’s comments, keeping EUR/USD 0.38% lower on the day at 1.0758 due to renewed Euro area political tensions."
  • Eur/usd looks for balance after off-kilter wobble, US CPI and fed projections loom ahead. According to FXStreet on Monday, 10 June, "A two-day backslide has dragged EUR/USD back below the 200-day Exponential Moving Average (EMA) at 1.0806, and near-term corrections will run aground of descending trendlines from 2024’s peak bids near 1.1140."
  • According to FXStreet on Monday, 10 June, "Renewed uncertainty over the political scenario in France undermines the Euro, dragging EUR/USD 0.26% lower on the day to trade near 1.0770."
  • Eur/usd price analysis: not out of the woods yet, 100/200-day smas breakdown in play. According to FXStreet on Tuesday, 11 June, "This, in turn, favors bearish traders and validates the near-term negative outlook for the EUR/USD pair.", "The EUR/USD pair edges higher during the Asian session on Tuesday and currently trades around the 1.0765-1.0770 area, albeit lacks strong follow-through buying. "

More news about USD/EUR (USDEUR).

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