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

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.23% for the last 21 sessions. At 11:09 EST on Wednesday, 15 May, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.788% up from its 52-week low and 3.814% 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 0.15%, a negative 0.09%, and a positive 0.24%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.18% (last week), 0.22% (last month), and 0.24% (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 lurches back over 1.0800 ahead of hectic Wednesday. According to FXStreet on Tuesday, 14 May, "Tuesday’s bullish bid has pushed the pair back over the 200-day Exponential Moving Average (EMA) at 1.0797, but a firm pattern of lower highs is weighing on the EUR/USD with the last swing high failing to capture the 1.0900 level."
  • Eur/usd price analysis: breaks above descending trend channel, the next barrier is seen above 1.0880. According to FXStreet on Wednesday, 15 May, "The EUR/USD pair extends the rally near 1.0825 on Wednesday during the early European trading hours.", " On the other hand, the first downside target for EUR/USD will emerge near the 100-day EMA at 1.0795. "
  • Eur/usd finds thin gains on Monday, but technicals weigh heavy ahead of US inflation updates. According to FXStreet on Monday, 13 May, "Daily candlesticks show the EUR/USD trading into firm technical resistance at the 200-day EMA at 1.0789, a failed launch from bidders could see the pair falling back into the last swing low near 1.0600. "
  • According to FXStreet on Wednesday, 15 May, "Eren Sengezer, European Session Lead Analyst at FXStreet, offers a brief technical outlook for EUR/USD and explains: "The Relative Strength Index (RSI) indicator on the daily chart stays above 50 but EUR/USD needs to flip 1.0800-1.0820 area, where the 200-day and the 100-day Simple Moving Averages (SMA) are located, into support to extend its uptrend. ", "If EUR/USD fails to clear 1.0800-1.0820 area, buyers could get discouraged. "
  • Eur/usd price analysis: the crucial upside barrier will emerge at the 1.0790–1.0800 region. According to FXStreet on Monday, 13 May, " Technically, EUR/USD remains stuck within a descending trend channel since mid-December 2023. ", "The EUR/USD pair remains flat around 1.0770 on Monday during the early European trading hours. "

More news about USD/EUR (USDEUR).

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