USD/EUR Went Down By Over 1% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.58% for the last 21 sessions. At 11:06 EST on Thursday, 7 March, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 3.157% up from its 52-week low and 4.399% 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 0.05%, a negative 0.05%, and a positive 0.27%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.26% (last week), 0.19% (last month), and 0.27% (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 FXStreet on Tuesday, 5 March, "This turns out to be another factor that contributes to the offered tone surrounding the USD/JPY pair, though the downside seems cushioned ahead of the key US macro data and Fed Chair Jerome Powell’s congressional testimony. ", "The subsequent could drag the USD/JPY pair to the 148.30 support en route to the 148.00 mark and the 100-day Simple Moving Average (SMA), currently pegged near the 147.80 region."
  • According to FXStreet on Wednesday, 6 March, "The subsequent downfall could drag the USD/JPY pair to the 148.30 support en route to the 148.00 mark and the 100-day Simple Moving Average (SMA), currently pegged near the 147.75 region.", "Some follow-through buying beyond the 151.00 mark will reaffirm the positive bias and lift the USD/JPY pair to the 151.45 hurdle. "
  • According to FXStreet on Thursday, 7 March, "Some follow-through selling below the 23.6% Fibonacci retracement level of the December-February rally, around the 148.40-148.35 region, will reaffirm the bearish setup and drag the USD/JPY pair to the 148.00 mark. ", "This further contributes to the USD/JPY pair’s decline further below the 149.00 mark."
  • Usd/jpy could rise to 155.00 – CIBC. According to FXStreet on Wednesday, 6 March, "In a bullish USD scenario, we think the topside in USD/JPY could rise to 155.00. "
  • Usd/jpy: more room for losses unless Friday’s US data are strong – socgen. According to FXStreet on Thursday, 7 March, "Yen short covering is helped by lower US yields and unless Friday’s US data are strong, there’s more room for USD/JPY to fall."

More news about USD/EUR (USDEUR).

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