USD/EUR Bullish Momentum With A 3% Rise In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 3.69% for the last 21 sessions. At 07:11 EST on Wednesday, 1 November, USD/EUR (USDEUR) is $0.95.

USD/EUR’s yearly highs and lows, it’s 6.844% up from its 52-week low and 7.785% 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 0.06%, a negative 0.02%, and a positive 0.29%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.19% (last week), 0.29% (last month), and 0.29% (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

  • According to FXStreet on Monday, 30 October, "Tuesday sees an important BoJ policy meeting, where we think the risks of a policy adjustment and a softer USD/JPY are under-priced. "
  • Usd/jpy spikes to fresh daily top, retakes 150.00 mark after boj policy decision. According to FXStreet on Tuesday, 31 October, "This continues to weigh on the Japanese Yen (JPY) and lends support to the USD/JPY pair.", "This, in turn, suggests that the path of least resistance for the USD/JPY pair is to the upside, though bulls might wait for BoJ Governor Kazuo Ueda’s post-meeting presser before placing fresh bets."
  • Boj: any hawkish surprise May nudge usd/jpy toward 145 – standard chartered. According to FXStreet on Monday, 30 October, "In the absence of policy shifts by the BoJ, we expect USD/JPY to trade slightly north of 150. ", "Conversely, indications of policy tightening at the 31 October meeting - be it jettisoning the negative interest rate policy or YCC - could allow USD/JPY to trade closer to 145 though further upside may be limited by Japan’s stillwide rate differentials with the US."
  • Usd/jpy finds support above the 149.00 mark ahead of boj rate decision. According to FXStreet on Tuesday, 31 October, "The USD/JPY pair finds support above the 149.00 mark during early Asian trading hours on Tuesday. ", "The hawkish comments from Fed officials might cap the downside of the Greenback and act as a tailwind for the USD/JPY pair. "

More news about USD/EUR (USDEUR).

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