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

(VIANEWS) – USD/EUR (USDEUR) has been up by 3.5% for the last 21 sessions. At 09:07 EST on Tuesday, 28 February, USD/EUR (USDEUR) is $0.94.

USD/EUR’s yearly highs and lows, it’s 5.56% up from its 52-week low and 10.342% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.26%, 0.23%, and 0.43%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.26% (last week), 0.47% (last month), and 0.43% (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

  • Usd/jpy: yen vulnerable to a further correction lower – MUFG. According to FXStreet on Monday, 27 February, "The recent move higher in US rates has helped to lift USD/JPY back above the 135.00level and it has continued to move closer to its’ 200-Day Moving Average that comes in at around 137.10."
  • Usd/jpy price analysis: bears lurking near 136.50. According to FXStreet on Monday, 27 February, "In turn, USD/JPY rallied hard but it is now in a corrective territory as the following illustrates:"
  • Eur/usd to move lower, usd/jpy risks lean higher – TDS. According to FXStreet on Monday, 27 February, "Economists at TD Securities discuss the outlook of the EUR/USD, USD/CAD and USD/JPY pairs."
  • Usd/jpy remains on the defensive below YTD peak amid softer usd, bullish potential intact. According to FXStreet on Monday, 27 February, "Traders will further take cues from the broader risk sentiment to grab short-term opportunities around the USD/JPY pair.", "A softer tone surrounding the US Treasury bond yields trigger a modest US Dollar pullback from a seven-week high, which, in turn, is seen exerting some downward pressure on the USD/JPY pair. "

More news about USD/EUR (USDEUR).

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