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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.5% for the last 10 sessions. At 02:13 EST on Wednesday, 13 December, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 4.431% up from its 52-week low and 3.218% 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 0.17%, a negative 0.05%, and a positive 0.31%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.29% (last week), 0.36% (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: any yen selling over the near-term is unlikely to be sustained – MUFG. According to FXStreet on Monday, 11 December, "The JPY move last week is likely to be a key marker that signals a turn in the trend of JPY depreciation, in place since the global inflation shock saw USD/JPY break sharply higher in March 2022."
  • Usd/jpy grinding back towards 147.00 ahead of US CPI inflation, fed rate outlook. According to FXStreet on Monday, 11 December, "The USD/JPY has pared back the majority of losses from last week’s Bank of Japan (BoJ)-fueled plunge, pulling back from four-month lows below 142.00 to aim squarely at the 147.00 handle. ", "The USD/JPY climbed back over the 146.00 price level in Monday’s trading, extending a rebound from 145.00. "
  • Usd/jpy analysis: the psychological support of 140.00 May be available. – 11 December 2023. According to DailyForex on Monday, 11 December, "In the long term, and 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 time frame chart, it appears that the USD/JPY currency pair is about to complete the formation of a double bottom reversal pattern. "
  • According to FXStreet on Tuesday, 12 December, "The Japanese Yen (JPY) extends its steady intraday appreciating move against the US Dollar (USD) and drags the USD/JPY pair to a fresh daily low, below mid-145.00s heading into the European session on Tuesday. ", "This, in turn, might hold back the JPY bulls from placing aggressive bets and help limit losses for the USD/JPY pair ahead of Tuesday’s release of the latest US consumer inflation figures. "

More news about USD/EUR (USDEUR).

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