(VIANEWS) – USD/EUR (USDEUR) has been up by 1.04% for the last 5 sessions. At 20:09 EST on Thursday, 4 January, USD/EUR (USDEUR) is $0.91.
USD/EUR’s yearly highs and lows, it’s 2.932% up from its 52-week low and 4.608% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.32%, a negative 0.04%, and a positive 0.34%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.32% (last week), 0.37% (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 oversold (<=20).
News about
- Eur/usd sees meager rebound near 1.0900 as markets digest fed meeting minutes. According to FXStreet on Wednesday, 3 January, "The EUR/USD slid into the 1.0900 handle on Wednesday after an equivocating Federal Reserve (Fed) put significant effort into not moving too far in either direction on rate cuts, keeping the US Dollar (USD) propped up amidst a broad-market recovery in the USD.", "Intraday action is firmly on the low side after the EUR/USD slid straight through the 200-hour Simple Moving Average (SMA) near 1.1020, sending the pair below the 1.1000 major handle on Monday and the pair is struggling to find the bullish momentum necessary to stage a corrective recovery."
- Eur/usd price analysis: attempts to retrace its recent losses, trades near 1.0920. According to FXStreet on Thursday, 4 January, "A firm break below the latter could put downward pressure on the EUR/USD pair to navigate the 50-day Exponential Moving Average (EMA) at 1.0878, followed by the 38.2% Fibonacci retracement at 1.0867 and the major support at 1.0850 level.", "The EUR/USD pair could find a key support around the psychological level at 1.0900. "
- Eur/usd analysis: amid profit-taking sell-off – 03 January 2024. According to DailyForex on Wednesday, 3 January, "Over the same period, the bulls must return to stability in the EUR/USD pair above the resistance level of 1.1040 to return to the recent upward path. ", "According to the performance on the daily chart above, the price of the EUR/USD currency pair abandoned the psychological resistance level of 1.1000, giving the bears enough momentum to move the currency pair downward. "
- Eur/usd dips amid strong US data as market awaits fed minutes. According to FXStreet on Wednesday, 3 January, "The EUR/USD remained on the defensive since the first trading day of 2024, falling 0.27% on the day after economic data from the United States (US) suggests the economy remains robust, though the labor market cooled down. ", "The EUR/USD daily chart depicts the formation of a golden cross, which could pave the way for further gains, but a three-dark crows chart pattern could keep the pair downward pressured. "
More news about USD/EUR (USDEUR).
