USD/EUR Drops By 1% In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.17% for the last 10 sessions. At 23:08 EST on Monday, 13 March, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 4.484% up from its 52-week low and 10.866% 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 0.10%, a positive 0.02%, and a positive 0.45%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.62% (last week), 0.42% (last month), and 0.45% (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 bulls cheer svb-led risk-on mood, easing hawkish fed bets to cross 1.0700, US inflation, ECB eyed. According to FXStreet on Monday, 13 March, "That said, the ECB is likely to announce a 0.50% rate hike and can join the latest risk-on mood to propel the EUR/USD price. ", "The EUR/USD pair’s higher highs on price fail to gain support from the Relative Strength Index (RSI) 14 as it forms a lower high, which in turn suggests a lack of enough bullish momentum to cross the immediate key hurdle, namely the 200-SMA level surrounding 1.0710."
  • Eur/usd: in a volatile sideways movement around 1.08 for the time being – erste group. According to FXStreet on Monday, 13 March, "Economists at Erste Group Research expect the EUR/USD pair to hover around 1.08 in the short term. "
  • Eur/usd forex signal: SVB collapse, US inflation, ECB decision – 13 March 2023. According to DailyForex on Monday, 13 March, "The EUR/USD price retreated slightly on Monday morning as investors wait for an extremely busy week in the market. "
  • Eur/usd price analysis: bulls flirt with 1.0730 resistance confluence. According to FXStreet on Monday, 13 March, "Additionally, the major currency pair’s successful upside break of a one-month-old descending resistance line, now support around 1.0630, joins the sustained bounce off the 100-DMA level surrounding 1.0540 to favor the EUR/USD bulls.", "The MACD prints the strongest bullish signal since early January and joins the aforementioned catalysts to keep EUR/USD buyers hopeful."

More news about USD/EUR (USDEUR).

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