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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.15% for the last 10 sessions. At 06:08 EST on Wednesday, 6 December, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 4.454% up from its 52-week low and 3.248% 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 0.39%, a negative 0.05%, and a positive 0.31%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.39% (last week), 0.35% (last month), and 0.31% (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 analysis: strong oversold levels – 04 December 2023. According to DailyForex on Monday, 4 December, "In the long term, according to the performance on the daily chart, it appears that the USD/JPY currency pair is trading within a descending channel. ", "In the near term, and according to the performance on the hourly chart, it appears that the USD/JPY is trading within an ascending channel. "
  • Japanese yen remains on the defensive against usd; 100-day SMA caps usd/jpy. According to FXStreet on Tuesday, 5 December, "Apart from this, the risk-off impulse - as depicted by a sea of red across the Asian equity markets - benefits the safe-haven JPY and further contributes to capping the USD/JPY pair near the 100-day Simple Moving. ", "The USD/JPY pair might then accelerate the fall towards the next relevant support near the 145.45-145.40 region en route to the 145.00 psychological mark and the 50% Fibo. "
  • Usd/jpy gains as the US 10-year bond yield climb. According to FXStreet on Monday, 4 December, "The USD/JPY pair remains trading in an uptrend as US Treasury bond yields advance, mainly the 10-year benchmark note, rising close to ten basis points at 4.289%, a tailwind for the major. ", "On the other hand, USD/JPY falling below the 147.00 figure could exacerbate a test of the September 11 low at 145.89, ahead of the September 1 daily low at 144.44."
  • According to FXStreet on Monday, 4 December, "The USD/JPY is stuck in place near 147.20, mostly flat in the early Tuesday market session. "

More news about USD/EUR (USDEUR).

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