USD/EUR Jumps By 2% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.8% for the last 21 sessions. At 11:08 EST on Thursday, 25 May, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 3.373% up from its 52-week low and 11.105% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.14%, 0.14%, and 0.42%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.31% (last week), 0.30% (last month), and 0.42% (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

  • Usd/jpy price analysis: consolidates near YTD peak, seems poised to appreciate further. According to FXStreet on Tuesday, 23 May, "That said, a softer risk tone – amid worries about slowing global economic growth – lends some support to the safe-haven JPY and keeps a lid on any further gains for the USD/JPY pair.", "A combination of supporting factors pushes the US Dollar (USD) to a fresh two-months, which, in turn, is seen acting as a tailwind for the USD/JPY pair. "
  • Usd/jpy price analysis: rising wedge at multi-day top keeps yen buyers hopeful near 138.50. According to FXStreet on Wednesday, 24 May, "Overall, USD/JPY bulls appear to run out of steam but the sellers wait for clear signals.", "Not only the bearish pattern but the downbeat MACD signals and failure to remain firmer at the multi-day high also lures the USD/JPY sellers."
  • Usd/jpy consolidates around mid-138.00s, just below YTD top ahead of FOMC minutes. According to FXStreet on Wednesday, 24 May, "This marks a big divergence in comparison to a more dovish stance adopted by the Bank of Japan (BoJ), which continues to undermine the JPY and is seen lending some support to the USD/JPY pair.", "Apart from this, a generally weaker tone around the equity markets drives some haven flow towards the Japanese Yen (JPY) and acts as a headwind for the USD/JPY pair. "
  • Usd/jpy technical analysis: psychological resistance 140.00 – 23 May 2023. According to DailyForex on Tuesday, 23 May, "Dollar expectations against the Japanese yen today:The general trend of the USD/JPY currency pair is still bullish."

More news about USD/EUR (USDEUR).

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