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USD/EUR Rises By 3% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 3.08% for the last 21 sessions. At 17:10 EST on Thursday, 9 November, USD/EUR (USDEUR) is $0.94.

USD/EUR’s yearly highs and lows, it’s 5.423% up from its 52-week low and 7.085% 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 negative 0.42%, a negative 0.06%, and a positive 0.29%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.49% (last week), 0.31% (last month), and 0.29% (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 overbought (>=80).

News about

  • According to DailyForex on Tuesday, 7 November, "It is noteworthy that the current juncture positions the market at the apex of a bearish flag formation, a pattern that closely mirrors the configuration observed in the EUR/USD currency pair."
  • According to FXStreet on Tuesday, 7 November, "The Euro (EUR) adds to Monday’s decline againstthe US Dollar (USD), motivating EUR/USD to retreat to the area below 1.0700 on Tuesday."
  • Eur/usd: more drift May develop below 1.0665 – scotiabank. According to FXStreet on Tuesday, 7 November, "More drift in EUR/USD may develop below 1.0665, the 38.2% retracement of the rebound in thepair from last week’s low at 1.0517."
  • Eur/usd technical analysis: upward trend awaits further stimulus – 07 November 2023. According to DailyForex on Tuesday, 7 November, "According to the performance on the daily chart below, the price of the EUR/USD is in the stage of breaking the general downward trend, and stability above the 1.0800 resistance will be important for more bulls’ control over the trend. ", "On the other hand, over the same period, bullish hopes for the EUR/USD pair may evaporate if it moves towards the 1.0620 support level again."

More news about USD/EUR (USDEUR).

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