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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.77% for the last 21 sessions. At 17:10 EST on Monday, 11 September, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 4.848% up from its 52-week low and 11.286% 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 oversold (<=20).

News about

  • Eur/usd struggles to hold gains, set for weekly loss as it trades below 1.0700. According to FXStreet on Saturday, 9 September, "From a daily chart perspective, the pair remains neutral to a downward bias, set to test the May 31 swing low of 1.0635 if the EUR/USD achieves a daily close below the psychological 1.0700 mark. ", "The EUR/USD is trading at 1.0699, registering minuscule gains of 0.03%, set to finish the week with losses of 0.69%."
  • Eur/usd posts modest gains around 1.0725 amid the weaker usd, investors await US cpi, ECB rate decision. According to FXStreet on Monday, 11 September, "The EUR/USD pair recovers some lost ground around 1.0725 after bouncing off the low of 1.0697. "
  • Eur/usd: weekly forecast 10th September – 16th September – 10 September 2023. According to DailyForex on Sunday, 10 September, "Behavioral sentiment is likely going to remain the primary source of power in the EUR/USD this coming week. ", "On Tuesday of last week, a strong dose of price velocity downwards was seen when the EUR/USD hit a mark of nearly 1.07055, following the return of full volume as U."

More news about USD/EUR (USDEUR).

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