(VIANEWS) – USD/EUR (USDEUR) has been up by 1.67% for the last 21 sessions. At 17:10 EST on Monday, 10 April, USD/EUR (USDEUR) is $0.92.
USD/EUR’s yearly highs and lows, it’s 1.489% up from its 52-week low and 12.192% down from its 52-week high.
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
- Usd/jpy drives to 132.50 as US employment data supports more rate hikes from fed. According to FXStreet on Monday, 10 April, "The USD/JPY pair has extended its recovery after a nominal correction to 132.50 in the Asian session amid hopes of further escalation in interest rates by the Federal Reserve (Fed). "
- Usd/jpy price analysis: bulls eye another battle with 50-dma hurdle surrounding 133.00. According to FXStreet on Monday, 10 April, "It’s worth noting, however, that the 50-DMA hurdle, around 133.20, appears a short-term key challenge for the USD/JPY buyers to pass if they wish to keep the reins.", "Even if the USD/JPY bears manage to conquer the 131.00 trend line support, the previous monthly low of around 129.65 can act as an extra filter towards the south ahead of directing the moves to the early 2023 bottom of 127.21."
- Usd/jpy trims a part of intraday gains to four-day high, holds above 132.00 mark. According to FXStreet on Monday, 10 April, "This week’s US economic docket also features the release of the latest consumer inflation figures and monthly retail sales data, which will play a key role in influencing the near-term USD price dynamics and determining the next leg of a directional move for the USD/JPY pair.", "The USD/JPY pair scales higher for the third successive day on Monday and touched a four-day high, around the 132.80 region, albeit lacks follow-through. "
- Usd/jpy forecast: buying on dips against yen – 10 April 2023. According to DailyForex on Monday, 10 April, "The USD/JPY pair may experience some downside pressure, with the 50-day exponential moving average acting as the support level. ", "The USD/JPY pair has been hovering around the ¥131 level for some time now, as investors continue to ponder the Bank of Japan’s yield curve control measures."
- Usd/jpy jumps closer to 100 DMA barrier near mid-133.00s amid broad-based USD strength. According to FXStreet on Monday, 10 April, "This, in turn, weighs heavily on the Japanese Yen (JPY) and provides an additional boost to the USD/JPY pair. ", "This, in turn, continues to push the USD higher, which, along with dovish-sounding remarks by the new Bank of Japan (BoJ) Governor Kazuo Ueda, prompt aggressive short-covering around the USD/JPY pair."
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