(VIANEWS) - USD/EUR (USDEUR) has been up by 1.53% for the last 21 sessions. At 01:06 EST on Wednesday, 3 July, USD/EUR (USDEUR) is $0.93.
USD/EUR's yearly highs and lows, it's 4.95% up from its 52-week low and 2.738% down from its 52-week high.
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 extends gains near 161.50 ahead of US data, FOMC minutes. According to FXStreet on Tuesday, 2 July, "The USD/JPY pair trades on a stronger note near 161.40 after reaching a new high for this move near 161.75 during the early Asian trading hours on Wednesday. ", "This, in turn, might underpin the JPY in the near term and create a headwind for the USD/JPY pair. "
- Usd/jpy trades with positive bias near 161.00, just below its highest level since 1986. According to FXStreet on Monday, 1 July, "This, in turn, lifts the US Treasury bond yields to a multi-week top and continues to underpin the US Dollar, lending additional support to the USD/JPY pair and validating the positive outlook.", "The USD/JPY pair kicks off the new week on a subdued note and consolidates its recent strong gains to the highest level since December 1986 touched on Friday. "
- According to FXStreet on Monday, 1 July, "Surpassing the upper boundary of the ascending channel pattern around 161.50 will reinforce the bullish sentiment, potentially driving the USD/JPY pair toward the psychological level of 162.00.", "A breach below this level could intensify downward pressure on the USD/JPY pair, potentially driving it toward the lower boundary of the ascending channel around 158.20. "
- According to FXStreet on Tuesday, 2 July, "If the USD/JPY pair surpasses the upper boundary of the ascending channel at around 161.70, it will reinforce bullish sentiment, possibly pushing the pair toward the psychological resistance level of 162.00."
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