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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.86% for the last 21 sessions. At 00:06 EST on Wednesday, 8 March, USD/EUR (USDEUR) is $0.95.

USD/EUR’s yearly highs and lows, it’s 6.151% up from its 52-week low and 9.445% 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 negative 0.03%, a positive 0.07%, and a positive 0.43%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.52% (last week), 0.33% (last month), and 0.43% (last quarter), respectively.

News about

  • Eur/usd price analysis: 100-sma probes buyers amid sluggish start to the key week. According to FXStreet on Monday, 6 March, "In a case where EUR/USD drops below 1.0480, the late November low near 1.0290 and the monthly bottom of 1.0222 will be in focus.", "It’s worth noting that the EUR/USD pair’s run-up beyond the 1.0650 hurdle isn’t an open invitation for the quote’s rally as the 200-SMA and a two-month-long horizontal resistance area could check the pair’s further upside, respectively near 1.0745 and 1.0760-65."
  • Eur/usd probably ends March in the 1.07/1.08 area – ING. According to FXStreet on Monday, 6 March, "The tough ECB talk has kept the EUR:USD interest rate differential supported at the short end of the market and firmed up the 1.05 support zone for EUR/USD this month. "
  • Eur/usd grinds higher past 1.0600 ahead of eurozone retail sales, focus on fed chair powell, US NFP. According to FXStreet on Monday, 6 March, "Above all, the cautious mood ahead of Federal Reserve (Fed) Chairman Jerome Powell’s half-yearly Testimony and the US employment report for February, as well as today’s Eurozone Retail Sales for February, restrict immediate moves of the EUR/USD pair. ", "Despite a sustained bounce off the 200-day Exponential Moving Average (EMA), currently around 1.0535, the EUR/USD rebound needs validation from the 1.0655-60 resistance confluence comprising 50-EMA and three-week-old resistance line to convince buyers."

More news about USD/EUR (USDEUR).

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