USD/EUR Rises By 1% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.95% for the last 21 sessions. At 17:08 EST on Monday, 4 September, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 4.431% up from its 52-week low and 11.639% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.03%, 0.07%, and 0.33%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.54% (last week), 0.31% (last month), and 0.33% (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 forecast 3rd September – 9th September – 03 September 2023. According to DailyForex on Sunday, 3 September, "Support near the 1.07500 to 1.07300 marks should be watched this week, if they do not hold this would be a bad sign possibly for the EUR/USD and mean another leg down could be demonstrated.", "The EUR/USD reflects the amount of nervousness in the broad global markets quite well. "
  • Eur/usd technical analysis: bear control is strong – 04 September 2023. According to DailyForex on Monday, 4 September, "He added by saying after the announcement of the inflation figures for the Eurozone "Directionally, there is only one way for the EUR/USD pair from here.", "Expectations of the euro against the dollar today:According to the performance on the daily chart below, the general direction of the euro pair against the US dollar EUR/USD increased in strength."
  • Eur/usd price analysis: euro sellers need validation from 1.0750 and ecb’s lagarde. According to FXStreet on Monday, 4 September, "In a case where the EUR/USD sellers keep the reins past 1.0750, the May 31 low of around 1.0635 will lure the bears.", "However, the US Labor Market Holiday joins the nearly oversold RSI (14) line to allow the EUR/USD to take a breather."
  • Eur/usd: US holiday to restrict euro moves, further downside hinges on 1.0750 break and ecb’s lagarde. According to FXStreet on Monday, 4 September, "A daily closing below an ascending support line from March 15, now immediate resistance near 1.0785, directs EUR/USD toward a downward-sloping trend line from late June, close to 1.0750 at the latest.", "Further, the Wall Street benchmarks also improved in the recent few days, despite Friday’s sluggish closing, which in turn prod the EUR/USD traders."

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