USD/EUR Drops By 1% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.51% for the last 21 sessions. At 07:07 EST on Wednesday, 26 July, USD/EUR (USDEUR) is $0.90.

USD/EUR’s yearly highs and lows, it’s 1.714% up from its 52-week low and 13.938% 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 positive 0.36%, a negative 0.07%, and a positive 0.32%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.36% (last week), 0.32% (last month), and 0.32% (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 forex signal: euro sold on poor economic data – 24 July 2023. According to DailyForex on Monday, 24 July, "My previous EUR/USD signal on 12th July was not triggered, as unfortunately, the bullish price action took place a bit below the support level identified at $1.1026.", "In my previous analysis of the EUR/USD currency pair on 12th July, I wrote that the"
  • According to FXStreet on Monday, 24 July, "Furthermore, the constructive view of EUR/USD appears unchanged as long as the pair trades above the key 200-day SMA.", "The ongoingcorrective move in EUR/USD seems to have met some initial contention around 1.1065 (July 24) so far. "
  • Eur/usd: risks skewed to downside from ECB and fed policy updates – MUFG. According to FXStreet on Monday, 24 July, "Economists at MUFG Bank analyze EUR/USD outlook ahead of ECB and Fed policy updates.", "We continue to believe that EUR/USD has moved into a new higher trading range between 1.1000 and 1.1500."
  • Eur/usd holds steady above 1.1100 mark, eyes flash euro zone/us pmis for some impetus. According to FXStreet on Monday, 24 July, "This will be followed by the European Central Bank (ECB) meeting on Thursday, which should allow investors to determine the near-term trajectory for the EUR/USD pair. ", "This, in turn, might hold back traders from placing aggressive directional bets and should help limit any meaingful downside for the EUR/USD pair, at least for the time being. "

More news about USD/EUR (USDEUR).

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