(VIANEWS) – USD/EUR (USDEUR) has been up by 2.84% for the last 21 sessions. At 13:13 EST on Thursday, 1 June, USD/EUR (USDEUR) is $0.93.
USD/EUR’s yearly highs and lows, it’s 3.084% up from its 52-week low and 11.353% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.18%, 0.15%, and 0.41%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.18% (last week), 0.26% (last month), and 0.41% (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
- Eur/usd price analysis: bearish impulsive eyes 1.0530, German inflation and fed’s beige book. According to FXStreet on Wednesday, 31 May, "However, the triple bottoms near the 1.0530 support zone comprising multiple levels marked since late February appears a tough nut to crack for the EUR/USD bears afterward, especially amid a likely oversold RSI line at that level.", "Additionally favoring the EUR/USD seller is the RSI (14) line which still has some room before hitting the oversold territory, suggesting a gradual south-run of the major currency pair."
- Eur/usd accelerates losses below 1.0700 ahead of data. According to FXStreet on Tuesday, 30 May, "The European currency remains well on the defensive and dragged EUR/USD to new lows in the 1.0670 region on Tuesday.", "The sell-off in EUR/USD appears unabated after the pair broke below the key support at 1.0700 the figure on Tuesday."
- Eur/usd: potential for moderate gains over the medium term – wells fargo. According to FXStreet on Tuesday, 30 May, "See:The relative fundamental divergence ahead remains more EUR/USD supportive - MUFG"
- Eur/usd rebounds as eurozone inflation cools, US consumer confidence drops. According to FXStreet on Tuesday, 30 May, "Meanwhile, consumer confidence advances in the United States (US), capping the EUR/USD gains. "
- Eur/usd forex signal: hammer pattern points to a brief rebound – 31 May 2023. According to DailyForex on Wednesday, 31 May, "Therefore, the EUR/USD pair will likely bounce back as buyers target the next psychological level of 1.0800 followed by 1.0835.", "The EUR/USD pair drifted downwards after the better-than-expected US consumer confidence and housing data. "
More news about USD/EUR (USDEUR).
