(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."
More news about USD/EUR (USDEUR).
