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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.66% for the last 21 sessions. At 13:09 EST on Friday, 25 August, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 4.364% up from its 52-week low and 11.696% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.12%, 0.09%, and 0.31%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.29% (last week), 0.27% (last month), and 0.31% (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: weakness through the mid/upper-1.08s leaves the technical undertone looking soft – scotiabank. According to FXStreet on Wednesday, 23 August, "The EUR/USD pair has given back nearly 3/4 of the May/July rally from 1.0635/1.1275 and weakness through the mid/upper 1.08s leaves the technical undertone here looking soft."
  • Eur/usd forex signal: bears prevail as the US dollar regains momentum – 23 August 2023. According to DailyForex on Wednesday, 23 August, "The EUR/USD exchange rate slumped after the US published a new set of weak housing numbers. ", "The EUR/USD retreated on Tuesday and resumed the recent downward trend as the US dollar strength resumed. "
  • Eur/usd braces for PMI data with mild gains near 1.0850 as US dollar traces softer yields. According to FXStreet on Wednesday, 23 August, "On the contrary, strong US data and hawkish comments from Federal Reserve Bankof Richmond PresidentThomas Barkin guard the EUR/USD pair’s recovery ahead of the preliminary readings of the August month Purchasing Managers Indexes (PMIs) for the Eurozone, Germany and the US.", "Failure to break the 1.0835-50 support zone comprising an ascending trend line from late November 2022 and a horizontal area comprising lows marked in the last two months keeps the EUR/USD buyers hopeful to revisit the 1.0900 upside hurdle. "
  • According to FXStreet on Wednesday, 23 August, "Meanwhile, Dhwani Mehta, Asian Session Lead Analyst at FXStreet, offers a brief technical outlook for the EUR/USD pair and writes: "The main currency pair has been ranging between flattish 100-Day Moving Average (DMA) and bullish 200 DMA since mid-August. ", "Dhwani also outlines important technical levels to trade the EUR/USD pair: "100 DMA at 1.0928 aligns at the strong resistance, above which the bearish 21 DMA at 1.0950 will be challenged. "
  • Eur/usd rebounds amid us-eu recession fears, as traders anticipate a fed and ECB pause. According to FXStreet on Wednesday, 23 August, "The fears of recession reignited on both sides of the Atlantic, though of late, the EUR/USD traded positively. ", "Otherwise, the EUR/USD could challenge the 1.0800 figure, followed by the 200-DMA."

More news about USD/EUR (USDEUR).

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