USD/EUR Drops By 2% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.49% for the last 21 sessions. At 15:10 EST on Sunday, 16 July, USD/EUR (USDEUR) is $0.89.

USD/EUR’s yearly highs and lows, it’s 0.112% up from its 52-week low and 15.064% 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 0.52%, a negative 0.17%, and a positive 0.34%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.52% (last week), 0.39% (last month), and 0.34% (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

  • Usd/jpy keeps the red below 138.00 mark, nearly two-month low amid bearish USD. According to FXStreet on Friday, 14 July, "Apart from this, a modest pullback in the US equity futures might further boost demand for the safe-haven JPY and suggests that the path of least resistance for the USD/JPY pair is to the downside. ", "In contrast, the Federal Reserve (Fed) is expected to hold interest rates after a 25 bps lift-off in July, which keeps the US Dollar (USD) depressed near its lowest level since April 2022 and contributes to the prevailing selling bias surrounding the USD/JPY pair."
  • Usd/jpy price analysis: bears appear exhausted near 137.00 DMA confluence. According to FXStreet on Friday, 14 July, "However, the 61.8% Fibonacci retracement of its October 2022 to January 2023 downturn and a 10-month-old horizontal resistance area, respectively near 142.50 and 144.85-145.00, appear tough nuts to crack for the USD/JPY bulls past 140.00.", "However, Wednesday’s downside break of the previously key support line stretched from April, now immediate resistance near 139.50, joins the bearish MACD signals to keep the USD/JPY sellers hopeful."
  • Usd/jpy extends recovery to near 138.50 as investors’ risk appetite loses strength. According to FXStreet on Friday, 14 July, "The USD/JPY pair has stretched its recovery to near 138.50 in the London session. "
  • Usd/jpy forecast: attempts reversal as it stabilizes against yen – 14 July 2023. According to DailyForex on Friday, 14 July, "Ultimately, the USD/JPY pair shows signs of attempting a reversal as the US dollar stabilizes against the Japanese yen. "
  • Usd/jpy recovers amid improving US consumer sentiment but easing inflation caps gains. According to FXStreet on Friday, 14 July, "USD/JPY’s sellers are eyeing the bottom of the Kumo at around 135.80/90, but the 200-day Exponential Moving Average (EMA) at 136.43 is expected to cushion the USD/JPY fall. ", "On the upside, if USD/JPY buyers lift the pair past the top of the Kumo at around 138.50/60, it would exacerbate a challenge of the 139.00 psychological level."

More news about USD/EUR (USDEUR).

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