USD/EUR Bullish Momentum: 0.975% Up In The Last 24 Hours

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.9753% for the last session’s close. At 06:09 EST on Friday, 24 March, USD/EUR (USDEUR) is $0.93.

USD/EUR (USDEUR) Range

About USD/EUR’s daily highs and lows, it’s 1.836% up from its trailing 24 hours low of $0.92 and 1.272% up from its trailing 24 hours high of $0.92.

USD/EUR’s yearly highs and lows, it’s 4.205% up from its 52-week low and 11.105% 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 negative 0.60%, a negative 0.12%, and a positive 0.47%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.60% (last week), 0.56% (last month), and 0.47% (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

  • Usd/jpy price analysis: bulls attack 50-dma resistance around mid-132.00s. According to FXStreet on Wednesday, 22 March, "On Tuesday, USD/JPY marked recovery from a one-month-old descending support line while posting heavy gains, as well as crossing the short-term important resistance line. ", "It’s worth noting that the USD/JPY bears should remain cautious unless the quote stays beyond an upward-sloping support line from mid-January, close to 130.30 by the press time."
  • Usd/jpy licks fed-inflicted wounds at six-week low under 131.00 as yields stay weak. According to FXStreet on Thursday, 23 March, "An ascending support line from the mid-January, around 130.40 by the press time, restricts immediate USD/JPY downside. ", "Even so, the US 10-year and two-year Treasury bond yields stay pressured around 3.46% and 3.89% at the latest, licking their wounds after falling the most in a week, which in turn exerts downside pressure on the USD/JPY prices. "
  • Usd/jpy forecast: USD rallies against yen before fed meeting – 22 March 2023. According to DailyForex on Wednesday, 22 March, "As the Fed raises interest rates, rates could potentially rise across the board, exerting additional downward pressure on the yen and allowing the USD/JPY pair to climb higher."
  • Usd/jpy: world’s most sophisticated pair set for volatility – 22 March 2023. According to DailyForex on Wednesday, 22 March, "The USD/JPY is certain to develop a hectic trading environment as the day progresses, and based on what the U.S. Fed announces will certainly affect behavioral sentiment in the Forex pair. ", "The USD/JPY is trading within the middle of its five-day price results as it hovers near the 132.500 level as of this writing. "

More news about USD/EUR (USDEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *