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

ViaNews Editorial Team

September 15, 2023

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

(VIANEWS) - USD/EUR (USDEUR) has been up by 1.75% for the last 21 sessions. At 10:11 EST on Friday, 15 September, USD/EUR (USDEUR) is $0.94.

USD/EUR's yearly highs and lows, it's 5.502% up from its 52-week low and 10.733% down from its 52-week high.

Volatility

USD/EUR's last week, last month's, and last quarter's current intraday variation average was 0.09%, 0.10%, and 0.33%, respectively.

USD/EUR's highest amplitude of average volatility was 0.32% (last week), 0.32% (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 oversold (<=20).

News about

  • According to FXStreet on Wednesday, 13 September, "On the above market chatter, USD/JPY is off the weekly high of 147.44, trading at 147.34, at the time of writing. "
  • Usd/jpy drops to 147.10 amid the weaker usd, eyes on US data. According to FXStreet on Thursday, 14 September, "The weakening of the US Dollar (USD) drags the USD/JPY pair lower and the pair currently trades near 147.12, down 0.23% on the day. ", "Traders will take cues from these figures and find trading opportunities around the USD/JPY cross."
  • According to FXStreet on Wednesday, 13 September, "Throw in the danger that a spike higher in Treasury yields sends USD/JPY above 150, and the arguments against fighting the Dollar rally here seem clear enough."
  • Usd/jpy sits near weekly high, remains below mid-147.00s ahead of US inflation data. According to FXStreet on Wednesday, 13 September, "This, in turn, will drive the USD demand and help investors determine the near-term trajectory for the USD/JPY pair. ", "The USD/JPY pair gains some positive traction for the second successive day and climbs to a fresh weekly high during the first half of trading action on Wednesday. "
  • Usd/jpy price analysis: bounces off 147.00 mark, shows resilience below 200-hour SMA. According to FXStreet on Thursday, 14 September, "This, along with a modest US Dollar (USD) downtick, fail to assist the USD/JPY pair to capitalize on its gains registered over the past two days. ", "The USD/JPY pair might then accelerate the momentum towards the 148.70-148.80 hurdle before aiming to conquer the 148.00 mark for the first time since October 2022. "

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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