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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.53% for the last 21 sessions. At 23:08 EST on Tuesday, 21 March, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 3.836% up from its 52-week low and 11.42% 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 0.02%, a negative 0.03%, and a positive 0.46%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.66% (last week), 0.51% (last month), and 0.46% (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 shows resilience around 131.00 mark as market awaits fed’s next move. According to FXStreet on Tuesday, 21 March, "Although US Treasury (UST) bond yields were boosted on Monday, USD/JPY failed to capitalize significantly. "
  • Usd/jpy price analysis: recovers a major part of early lost ground to over a one-month low. According to FXStreet on Monday, 20 March, "From a technical perspective, the intraday failure near the 50% Fibonacci retracement level of the recent rally from the January monthly swing low exerts heavy pressure on the USD/JPY pair amid the emergence of fresh US Dollar selling. ", "Apart from this, the Fed-Bank of Japan (BoJ) policy outlook turns out to be another factor that assists the USD/JPY pair to attract some buyers at lower levels. "
  • Usd/jpy price analysis: weekly resistance line prods rebound from five-week low near 131.50. According to FXStreet on Tuesday, 21 March, "As a result, the USD/JPY pair is likely to cross the immediate trend line hurdle surrounding 131.70, which in turn could allow the buyers to aim for another upside hurdle, namely a downward-sloping resistance line from March 08, close to 133.10 at the latest.", "It should, however, be noted that the USD/JPY bulls should remain cautious unless the quote remains below the 200-SMA level surrounding 134.10."
  • Usd/jpy recovers a few pips from over a one-month low, finds some support near mid-130.00s. According to FXStreet on Monday, 20 March, "That said, a modest US Dollar (USD) strength assists the USD/JPY pair to find some support ahead of the mid-130.00s and stall its sharp intraday downfall. ", "The aforementioned fundamental backdrop suggests that the path of least resistance for the USD/JPY pair is to the downside. "
  • Usd/jpy forecast: dollar pulls back against the yen – 20 March 2023. According to DailyForex on Monday, 20 March, "In the USD/JPY currency pair, the ¥132.50 level has proven to be a strong support area. ", "Market participants should exercise caution with position sizing and closely monitor developments in the bond market, as these factors will continue to drive the USD/JPY currency pair’s movements."

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