(VIANEWS) – USD/EUR (USDEUR) has been up by 1.86% for the last 21 sessions. At 20:07 EST on Tuesday, 18 April, USD/EUR (USDEUR) is $0.91.
USD/EUR’s yearly highs and lows, it’s 0.875% up from its 52-week low and 13.108% 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
- Eur/usd stumbles on fed rate hike speculations, slides below 1.1000. According to FXStreet on Monday, 17 April, "The EUR/USD is still upward biased, though after hitting a new YTD high at 1.1075, it has retreated below 1.1000. ", "The EUR/USD first support would be 1.0900, followed by the 20-day Exponential Moving Average (EMA) at 1.0881. "
- Eur/usd price analysis: brace a volatile action as it hovers near advancing trendline edge above 1.0900. According to FXStreet on Tuesday, 18 April, "The EUR/USD pair is displaying topsy-turvy moves in a narrow range around 1.0926 in the Asian session. ", "On a two-hour scale, EUR/USD witnessed a steep fall after failing to sustain above the 161.8% Fibonacci Extension (placed from April 04 high at 1.0973 to April 10 low at 1.0837) at 1.1057. "
- Eur/usd rebound approaches 1.1000 as US dollar fades recovery, ecb’s lagarde, pmis in focus. According to FXStreet on Monday, 17 April, "Even so, the recently firmer US data and hawkish Fed talks challenge the EUR/USD bulls amid a sluggish start to the key week comprising the preliminary readings of PMIs for April.", "On the other hand, the market’s pricing of the ECB’s 0.25% rate hike and the policymakers’ resistance to utter policy pivot or rate cut, except Governing Council member Mario Centeno, also keeps the EUR/USD buyers hopeful. "
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