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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.6% for the last 21 sessions. At 11:10 EST on Tuesday, 25 April, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 0.864% up from its 52-week low and 13.118% 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 overbought (>=80).

News about

  • Eur/usd price analysis: Marches towards 1.1100 key psychological hurdle. According to FXStreet on Tuesday, 25 April, "On the contrary, EUR/USD bears may initially aim for the 1.1000 round figure before highlighting the aforementioned support lines near 1.0985 and 1.0955.", "Following that, the monthly low of near 1.0788 gains the market’s attention and give control to the EUR/USD bears."
  • Eur/usd fails to kiss 1.1000 as USD index attempts recovery, US durable goods orders in focus. According to FXStreet on Monday, 24 April, "The EUR/USD pair has failed to test the psychological resistance of 1.1000 in the Tokyo session. "
  • Eur/usd price analysis: drops toward 1.1000 amid overbought RSI. According to FXStreet on Tuesday, 25 April, "In a case where the Euro pair drops below 1.0960, the odds of witnessing a south run towards the 61.8% Fibonacci retracement level of April 10-14 upside, near 1.0930, can act as the last defense of the EUR/USD buyers.", "Overall, EUR/USD pair is likely to decline in the short term but the bullish trend remains intact unless the quote stays beyond 1.0930."

More news about USD/EUR (USDEUR).

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