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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.7% for the last 21 sessions. At 08:08 EST on Friday, 6 September, USD/EUR (USDEUR) is $0.90.

USD/EUR’s yearly highs and lows, it’s 0.818% up from its 52-week low and 5.946% 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 0.12%, a negative 0.11%, and a positive 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.24% (last week), 0.31% (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 overbought (>=80).

News about

  • Eur/usd falls toward 1.1050 as US dollar holds ground ahead of ISM services PMI. According to FXStreet on Thursday, 5 September, "The downside of the EUR/USD pair could be attributed to improved US Dollar (USD) amid rising US Treasury yields."
  • According to FXStreet on Thursday, 5 September, "The EUR/USD pair shrugs off these comments, adding 0.16% on the day to test 1.1100, at the press time."
  • Eur/usd catches a bullish break, but still trapped below 1.11. According to FXStreet on Wednesday, 4 September, "Despite holding deep in the bull country, EUR/USD still faces a steepening bearish pullback as shorts congregate targets just above the 50-day EMA at 1.0956."
  • Eur/usd price forecast: two-day uptrend pauses near 50% fibo., looks to US NFP for fresh impetus. According to FXStreet on Friday, 6 September, "A convincing break below the latter will expose the weekly low, around the 1.1025 area touched on Tuesday, before the EUR/USD pair drops to the 1.1000 psychological mark. ", "Some follow-through buying will confirm a fresh breakout and lift the EUR/USD pair further towards the 1.1240-1.1245 intermediate barrier en route to the July 2023 swing high, around the 1.1275 region."
  • According to FXStreet on Wednesday, 4 September, "In other words, we are not as concerned for EUR/USD as we are for the likes of AUD/USD or NZD/USD that a softer US macro environment may have a net-negative impact due to the softer equities and a Fed pricing that is already dovish.", "Our preference remains for EUR/USD to hold above 1.1000 into tomorrow’s US ISM services and Friday’s payrolls. "

More news about USD/EUR (USDEUR).

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