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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.69% for the last 21 sessions. At 05:12 EST on Monday, 22 May, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 2.563% up from its 52-week low and 11.801% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.04%, 0.08%, and 0.43%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.30% (last week), 0.33% (last month), and 0.43% (last quarter), respectively.

News about

  • Eur/usd seen at 1.06 in six months – rabobank. According to FXStreet on Saturday, 20 May, "Analysts at Rabobank see the EUR/USD pair moving to the downside over the next months. "
  • Eur/usd eases below 1.0850 as ECB hawks step back, fed bets increase amid cautious optimism. According to FXStreet on Monday, 22 May, "Moving on, Eurozone Consumer Confidence may direct intraday moves of the EUR/USD pair but major attention will be given to the first readings of the May month PMIs, as well as US debt ceiling talks for a clear guide."
  • Eur/usd price analysis: mildly bid above 1.0800 within bearish channel. According to FXStreet on Monday, 22 May, "Following that, the 50% Fibonacci retracement of the pair’s January-April upside, near 1.0790, could lure the EUR/USD bears. ", "It’s worth noting that the RSI (14) line’s rebound from nearly oversold conditions joins the EUR/USD pair’s sustained break of the 100-DMA to keep Euro buyers hopeful."

More news about USD/EUR (USDEUR).

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