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

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.97% for the last 21 sessions. At 05:07 EST on Tuesday, 3 October, USD/EUR (USDEUR) is $0.95.

USD/EUR’s yearly highs and lows, it’s 7.532% up from its 52-week low and 8.104% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.20%, 0.13%, and 0.32%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.44% (last week), 0.31% (last month), and 0.32% (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 weekly signal: bearish sentiment as government shutdown starts – 01 October 2023. According to DailyForex on Sunday, 1 October, "The EUR/USD pair continued its downward trend after the relatively encouraging inflation numbers from the US and Europe. ", "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:’ReviewsNonPartner’,id:’horizontal-top-5′,size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Bearish viewSell the EUR/USD pair and set a take-profit at 1.0400."
  • According to FXStreet on Monday, 2 October, "As long as the EUR/USD remains below the 200-day SMA, the possibility of more negative pressure exists.", "If the EUR/USD rebound gets more serious, the pair should encounter the next up-barrier at the September 12 high of 1.0767, before reaching the crucial 200-day Simple Moving Average (SMA) at 1.0827. "
  • Eur/usd price analysis: not out of the woods yet, remains vulnerable to slide further. According to FXStreet on Monday, 2 October, "This, along with the occurrence of a death cross, suggests that the path of least resistance for the EUR/USD pair is to the downside.", "On the flip side, the 1.0600 mark, closely followed by Friday’s swing high, around the 1.0615 region, should cap the immediate upside for the EUR/USD pair. "
  • Eur/usd slides below 1.0500 amid rising US yields, hawkish fed comments. According to FXStreet on Monday, 2 October, "The Euro (EUR) losses traction gains the US Dollar (USD) in early morning trading during the North American session, after hitting a daily high of 1.0592 but failing to crack the 1.0600 mark, exacerbated its fall, with the EUR/USD approaching towards the 1.0400 figure, for the third time in the last couple of week. ", "The EUR/USD continued to drop sharply as US Treasury bond yields climbed more than 10 basis points, as shown by the 10-year benchmark note yield at 4.693%. "

More news about USD/EUR (USDEUR).

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