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USD/EUR Went Down By Over 2% In The Last 21 Sessions

ViaNews Editorial Team

November 22, 2023

USD/EUR Went Down By Over 2% In The Last 21 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 2.45% for the last 21 sessions. At 01:13 EST on Wednesday, 22 November, USD/EUR (USDEUR) is $0.92.

USD/EUR's yearly highs and lows, it's 3.292% up from its 52-week low and 6.157% 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 0.64%, a negative 0.15%, and a positive 0.33%, respectively.

USD/EUR's highest amplitude of average volatility was 0.78% (last week), 0.36% (last month), and 0.33% (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

  • Eur/usd price analysis: trades higher near 1.0920 as fed is expected to end rate hikes. According to FXStreet on Monday, 20 November, "A firm break below the level could put pressure on the EUR/USD pair to navigate the region around the nine-day Exponential Moving Average (EMA) at 1.0819, aligning with the 23.6% Fibonacci retracement at 1.0811.", "The ongoing upward trend is backed by the technical indicators for the EUR/USD pair. "
  • According to FXStreet on Monday, 20 November, "At the time of writing, EUR/USD is keeping its upbeat momentum intact near 1.0935, up 0.23% on the day."
  • Eur/usd consolidates last week's gains to the highest level since August, hovers around 1.0900. According to FXStreet on Monday, 20 November, "The US Dollar (USD) kicks off the new week on a positive note and recovers a part of Friday's decline to over a two-and-half-month low, which, in turn, is seen acting as a headwind for the EUR/USD pair. ", "The EUR/USD pair is seen consolidating last week's strong gains to its highest level since August 31 and oscillating in a narrow trading band during the Asian session on Monday. "

More news about USD/EUR (USDEUR).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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