USD/EUR Bullish Momentum With A 1% Rise In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.66% for the last 10 sessions. At 09:13 EST on Wednesday, 15 February, USD/EUR (USDEUR) is $0.94.

USD/EUR’s yearly highs and lows, it’s 6.642% up from its 52-week low and 10.704% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.12%, 0.16%, and 0.45%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.25% (last week), 0.44% (last month), and 0.45% (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

  • Eur/usd struggles near one-month low, three black crows candlestick reversal pattern augurs ill. According to FXStreet on Monday, 13 February, "The EUR/USD pair consolidates its recent downfall to over a one-month low and oscillates in a narrow range through the first half of the European session on Monday. ", "The US Dollar stands tall near a five-week high amid the prospects for further policy tightening by the Fed and turns out to be a key factor acting as a headwind for the EUR/USD pair. "
  • Eur/usd renews monthly low below 1.0700 amid ecb, fed chatters, focus on EU gdp, US inflation. According to FXStreet on Monday, 13 February, "However, cautious mood ahead of the key US Consumer Price Index (CPI) for January and the preliminary readings of the Eurozone fourth quarter (Q4) Gross Domestic Product, up for publishing on Tuesday, seem to probe the EUR/USD bears."
  • Eur/usd forex signal: double bottom slowly forms – 13 February 2023. According to DailyForex on Monday, 13 February, "The EUR/USD continued pulling back as the US dollar index (DXY) strength gained steam. ", "Meanwhile, from Europe, the EUR/USD pair will react to the upcoming statement by Christine Lagarde of the European Central Bank (ECB) on Wednesday. "
  • According to FXStreet on Monday, 13 February, "The latest ECB commentary is having little to no impact on the EUR/USD pair, as it keeps its downside consolidative phase intact at around 1.0675."
  • Eur/usd price analysis: sellers attack 1.0660 key support at monthly low. According to FXStreet on Monday, 13 February, "It’s worth noting, however, that the previous monthly low around 1.0480 could challenge the EUR/USD bears past 1.0530.", "Hence, the quote is all set to conquer the immediate 1.0660 support, which in turn pens the south-run towards the 50% and 61.8% Fibonacci retracement level of the EUR/USD run-up from November 2022 to February 2023, respectively near 1.0630 and 1.0530."

More news about USD/EUR (USDEUR).

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