(VIANEWS) – USD/EUR (USDEUR) has been up by 1.53% for the last 5 sessions. At 04:06 EST on Tuesday, 25 July, USD/EUR (USDEUR) is $0.90.
USD/EUR’s yearly highs and lows, it’s 1.906% up from its 52-week low and 13.776% 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
- Usd/jpy technical analysis: central bank policies determine the fate – 24 July 2023. According to DailyForex on Monday, 24 July, "Last week’s trading was generally bullish for the performance of the USD/JPY currency pair, with bullish retracement gains that reached the 141.95 resistance level, and Friday’s trading session was the most prominent in the upward retracement path. ", "According to the fundamental analysis, the USD/JPY currency pair is trading affected by the results of the recent economic data, as the Japanese National Consumer Price Index for June missed the expected change (yearly) by 3.5% with a change of 3.3%. "
- Usd/jpy price analysis: subdued around 141.00 amidst technical indicators turning bearish. According to FXStreet on Monday, 24 July, "if USD/JPY breaks above 142.00, the next resistance will emerge at the top of the Ichimoku Cloud (Kumo) at around 142.80/95, ahead of challenging 143.00.", "On the flip side, and the USD/JPY path of least resistance if prices stay below 142.00, the first support would be the Kijun-Sen at 141.15. "
- Usd/jpy: more verbal intervention if the bounce accelerates toward 145 – socgen. According to FXStreet on Monday, 24 July, "Economists at Société Générale analyze USD/JPY outlook ahead of the BoJ meeting.", "It would be an almighty surprise if they tweaked the band and would trigger a seismic retracement in USD/JPY and other JPY crosses considering the shifts last week. "
- Usd/jpy May turn lower in the event boj surprises on Friday – OCBC. According to FXStreet on Monday, 24 July, "In the event BoJ surprises on Friday, then we may see USD/JPY turn lower as markets may be caught wrongfooted."
- Usd/jpy pulls back from two-week high, trades with modest losses below mid-141.00s. According to FXStreet on Monday, 24 July, "Moreover, doubts that the Fed will commit to a more dovish policy stance assist the buck to preserve its recovery gains from the lowest level since April 2022 touched last week and should lend support to the USD/JPY pair.", "This revives hopes that the BoJ might tweak its Yield Curve Control (YCC) policy later this week, which, along with a softer risk tone, underpins the safe-haven JPY and act as a headwind for the USD/JPY pair."
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