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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.54% for the last 21 sessions. At 10:06 EST on Tuesday, 23 January, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.834% up from its 52-week low and 3.772% 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%, 0.04%, and 0.34%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.22% (last week), 0.24% (last month), and 0.34% (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 to steadily decline towards 135.00 on a 12m horizon– danske bank. According to FXStreet on Monday, 22 January, "The recent rally in the Japanese Yen has reversed with USD/JPY trading nearly four figures higher than at year-end. "
  • Usd/jpy cycles around 148.00 ahead of boj next rate call. According to FXStreet on Monday, 22 January, "The 200-day SMA is providing rising support near 144.00, and near-term gains in the pair leave the USD/JPY on the high side of a declining 50-day SMA near 146.00.", "The USD/JPY cycled around the 148.00 handle on Monday as traders gear up for the Bank of Japan’s (BoJ) latest rate statement on Tuesday, coming ahead of another round of Japanese inflation figures slated for Friday with the Tokyo Consumer Price Index (CPI)."
  • According to FXStreet on Monday, 22 January, "The Japanese Yen (JPY) has been on the back foot since March 2022, with the USD/JPY pair soaring to a multi-year high of 151.94 in October 2022. ", "From a technical perspective, Valeria Bednarik, Chief Analyst at FXStreet, notes: "Given expectations of an on-hold BoJ and recent US Dollar strength, USD/JPY could surge following the announcement. "
  • According to FXStreet on Monday, 22 January, "Apart from this, the recent widening of the US-Japan rate differential suggests that the path of least resistance for the USD/JPY pair is to the upside.", "The said area could act as a pivotal point, which if broken decisively might prompt aggressive technical selling and drag the USD/JPY pair towards the 147.00 mark en route to the next relevant support near the 146.60-146.55 area."
  • Usd/jpy should continue to hover around 148 assuming the boj springs no surprise – ING. According to FXStreet on Monday, 22 January, "Assuming the BoJ springs no surprise, USD/JPY should continue to hover around 148."

More news about USD/EUR (USDEUR).

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