USD/EUR Bullish Momentum With A 2% Rise In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.99% for the last 21 sessions. At 15:13 EST on Sunday, 28 May, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 3.428% up from its 52-week low and 11.057% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.08%, 0.12%, and 0.42%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.26% (last week), 0.28% (last month), and 0.42% (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

  • Impossible to say whether and in what form the US debt crisis is priced into eur/usd – commerzbank. According to FXStreet on Friday, 26 May, "Esther Reichelt, FX Analyst at Commerzbank, has not seen a situation where EUR/USD has clearly reacted to a news flow about the debt crisis.", "I find it impossible to say whether and in what form the US debt crisis is priced into the EUR/USD exchange rate."
  • Eur/usd to trade above 1.30 again once ECB rates move higher than fed rates – socgen. According to FXStreet on Friday, 26 May, "Economists at Société Générale expect the EUR/USD pair to race higher driven by relative natural rates.", "EUR/USD almost broke above 1.50 in that cycle and while that seems inconceivable, we’re more optimistic than we have been for a while, that we’ll see EUR/USD above 1.30 again, once the war in Ukraine and Europe’s energy troubles are behind us."
  • Eur/usd eases below 1.0750 as German recession woes join risk aversion, upbeat US data. According to FXStreet on Friday, 26 May, "Looking ahead, risk catalysts will be the key to determining short-term EUR/USD moves. ", "A daily closing below an eight-month-old ascending trend line, around 1.0800 by the press tie, keeps EUR/USD bears hopeful of poking the 200-day Exponential Moving Average (EMA) of around 1.0685 at the latest"
  • According to FXStreet on Friday, 26 May, "At the time of writing, EUR/USD is treading water at around 1.0730, modestly flat on the day."

More news about USD/EUR (USDEUR).

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