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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.08% for the last 10 sessions. At 20:06 EST on Monday, 7 August, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 2.447% up from its 52-week low and 13.318% 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 positive 0.14%, a negative 0.06%, and a positive 0.32%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.24% (last week), 0.37% (last month), and 0.32% (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

  • Usd/jpy price analysis: gains momentum above 143.30 mark following BOJ summary of opinions. According to FXStreet on Monday, 7 August, "On the downside, the key contention for USD/JPY is located at 142.00 (a psychological round mark and 50-hour EMA). ", "According to the four-hour chart, the USD/JPY pair stands above the 50- and 100-hour Exponential Moving Averages (EMAs) with an upward slope, which means the path of least resistance is to the upside for the time being."
  • According to FXStreet on Monday, 7 August, "Overall, the BoJ Summary of Opinions for the July meeting appears hawkish and weighs on the USD/JPY price."
  • Usd/jpy climbs on strong USD after last week’s US nonfarm payrolls data. According to FXStreet on Monday, 7 August, "The USD/JPY advancement was sponsored by hawkish comments by Michelle Bowman, who said the Fed would likely need to lift rates further to bring down inflation. "

More news about USD/EUR (USDEUR).

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