USD/EUR Bullish Momentum With A 1% Jump In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.58% for the last 21 sessions. At 08:09 EST on Wednesday, 13 September, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 5.017% up from its 52-week low and 11.143% 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 0.07%, a positive 0.08%, and a positive 0.33%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.17% (last week), 0.31% (last month), and 0.33% (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 sticks to intraday losses below 147.00, bears await break below 200-hour SMA. According to FXStreet on Monday, 11 September, "The Japanese Yen (JPY) strengthens in reaction to the Bank of Japan (BoJ) Governor Kazuo Ueda’s hawkish remarks over the weekend, signalling possible interest rate hikes, which, in turn, weighs on the USD/JPY pair. ", "The outlook, meanwhile, remains supportive of elevated US Treasury bond yields, which helps limit a modest US Dollar (USD) pullback from its highest level since March 8 touched last week and acts as a tailwind for the USD/JPY pair, at least for now."
  • Usd/jpy technical analysis: bulls control the direction – 11 September 2023. According to DailyForex on Monday, 11 September, "There is a clear contrast between the future policy of the American Federal Reserve Bank and the Bank of Japan, which poses an important factor for the bulls to further control the direction of the USD/JPY currency pair. ", "Technical analysis of the dollar-yen pair:The price of the USD/JPY currency pair rose now to trade at a few levels above the 100-hour moving average."
  • According to DailyForex on Monday, 11 September, "The Japanese Yen has gained strongly today, withthe USD/JPY currency pairdown by more than 1,.15%, wiping out all last week’s gains, and calling into question whether the current bullish trend in that currency pair has already seen a long-term high."
  • Usd/jpy clings to modest gains amid fresh USD buying, remains below 147.00 mark. According to FXStreet on Tuesday, 12 September, "The USD/JPY pair builds on the previous day’s late rebound from sub-146.00 levels, or over a one-week low and gains some positive traction on Tuesday. ", "This, in turn, will play a key role in influencing the near-term USD price dynamics and determining the next leg of a directional move for the USD/JPY pair. "

More news about USD/EUR (USDEUR).

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