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USD/EUR Bullish Momentum: 1% Up In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1% for the last 10 sessions. At 15:09 EST on Sunday, 8 September, USD/EUR (USDEUR) is $0.90.

USD/EUR’s yearly highs and lows, it’s 1.042% up from its 52-week low and 5.737% 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 0.12%, a negative 0.11%, and a positive 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.24% (last week), 0.31% (last month), and 0.28% (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 overbought (>=80).

News about

  • Eur/usd price forecast: two-day uptrend pauses near 50% fibo., looks to US NFP for fresh impetus. According to FXStreet on Friday, 6 September, "This, in turn, validates the positive outlook and suggests that the path of least resistance for the EUR/USD pair is to the upside. ", "The EUR/USD pair struggles to capitalize on its gains registered over the past two days and oscillates in a narrow trading band during the Asian session on Friday. "
  • According to FXStreet on Friday, 6 September, "If the headline NFP figure surprises with payroll growth below 100,000, it could bolster the odds of a big cut in September, exacerbating the US Dollar’s pain while pushing EUR/USD further north. ", "This could fuel a decent US Dollar comeback, reinforcing fresh EUR/USD selling back toward 1.0900."
  • According to FXStreet on Friday, 6 September, "If our ‘125k payrolls, 4.4% unemployment’ call is right, EUR/USD can take a decisive leap back to the upper half of 1.11-1.12, which can be the prevailing range into the 18 September FOMC.", "Ultimately though, the euro will react to facts more than expectations on the alarming French fiscal situation, and we are not ready to pencil it in as a EUR/USD bullish factor before more clarity on budget negotiations - and each party’spriorities - emerges."

More news about USD/EUR (USDEUR).

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