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

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.27% for the last 21 sessions. At 12:06 EST on Wednesday, 16 October, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.095% up from its 52-week low and 3.241% 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%, 0.09%, and 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.14% (last week), 0.27% (last month), and 0.28% (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 forecast: dips towards 149.00 on falling US yields. According to FXStreet on Tuesday, 15 October, "Although technical signals suggest buyers are in charge, the USD/JPY remains inside the Ichimoku Cloud (Kumo) and caps its advance. ", "If USD/JPY falls below 149.00, the Tenkan-Sen at 147.95 emerges as the first line of defense for bulls. "
  • Usd/jpy: trades with a downside bias – DBS. According to FXStreet on Monday, 14 October, "The 2Y and 10Y bond differentials between USTs and JGBs suggest that USD/JPY should be lower around 138-141."
  • According to FXStreet on Wednesday, 16 October, "On the flip side, the 150.00 psychological mark seems to act as an immediate strong barrier, above which the USD/JPY pair could accelerate the positive move towards the August monthly swing high, around the 150.85-150.90 region. ", "Some follow-through selling, however, could make the USD/JPY pair vulnerable to weaken further below the 148.00 round figure and test last week’s swing low, around the 147.35 area. "
  • According to FXStreet on Tuesday, 15 October, "Adding to this, a bullish US Dollar (USD) contributes to limiting the downside for the USD/JPY pair.", "Hence, any meaningful downfall in the USD/JPY pair might be seen as a buying opportunity and is likely to remain limited."
  • According to FXStreet on Monday, 14 October, "The US Dollar (USD), on the other hand, remains firm near a two-month high amid growing acceptance of a less aggressive policy easing by the Federal Reserve (Fed) and turns out to be another factor acting as a tailwind for the USD/JPY pair. ", "This, along with positive oscillators on the daily chart, suggests that the path of least resistance for the USD/JPY pair remains to the upside. "

More news about USD/EUR (USDEUR).

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