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 00:06 EST on Friday, 8 March, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 2.977% up from its 52-week low and 4.566% 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 0.29%, a negative 0.06%, and a positive 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.29% (last week), 0.21% (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

  • Usd/jpy analysis: dollar still stronger – 06 March 2024. According to DailyForex on Wednesday, 6 March, "The general trend for the USD/JPY pair remains bullish, and the psychological resistance at 150.00 will continue to support the bulls’ control. ", "Conversely, during the same period, the bulls’ movement in the USD/JPY pair towards resistance levels at 150.85 and 151.40 will be in response to the technical indicators’ movement towards strong overbought levels."
  • Usd/jpy loses momentum near fresh five-week lows below 148.00, US NFP data looms. According to FXStreet on Friday, 8 March, "The USD/JPY pair drops to fresh five-week lows below the 148.00 mark during the early Asian trading hours on Friday. "
  • Usd/jpy plunges to 148.00 as Japanese yen strengthens on hawkish boj bets. According to FXStreet on Thursday, 7 March, "The USD/JPY plummets to 148.00 in Thursday’s European session as expectations for the Bank of Japan (BoJ) lifting negative interest rates have escalated. ", "Meanwhile, weak US Dollar has also resulted in downward pressure on the USD/JPY pair. "
  • According to FXStreet on Wednesday, 6 March, "From a technical perspective, the USD/JPY pair has been oscillating in a familiar band over the past three weeks or so. ", "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."
  • According to FXStreet on Thursday, 7 March, "This further contributes to the USD/JPY pair’s decline further below the 149.00 mark.", "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. "

More news about USD/EUR (USDEUR).

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