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MarketFX

USD/EUR Went Down By Over 4% In The Last 21 Sessions

USD/EUR Went Down By Over 4% In The Last 21 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 4.11% for the last 21 sessions. At 22:07 EST on Thursday, 13 April, USD/EUR (USDEUR) is $0.90.

USD/EUR's yearly highs and lows, it's 0% down from its 52-week low and 13.814% 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 eases from 1.0930 hurdle as fed hawks retreat on inflation concerns. According to FXStreet on Wednesday, 12 April, "Looking forward, firmer prints of the US CPI and hawkish Fed Minutes are both necessary to portray the EUR/USD pullback. ", "Even so, the optimism surrounding the Eurozone economy and upbeat EU data, backed by the comments from the International Monetary Fund (IMF) seem to propel the EUR/USD price ahead of the top-tier factors."
  • Eur/usd price analysis: grinds higher past 1.0900 within rising wedge. According to FXStreet on Wednesday, 12 April, "However, the impending bear cross on the MACD and the quote's multiple failures to remain firmer past 1.0900 teases EUR/USD sellers on a key day.", "On the contrary, the monthly high of 1.0973 can lure the EUR/USD bulls but the upside remains elusive unless crossing the 1.1000-05 resistance confluence, including the stated wedge's top line and the February 01 peak."
  • Eur/usd price analysis: grinds higher past 1.0900 within rising wedge. According to FXStreet on Wednesday, 12 April, "However, the impending bear cross on the MACD and the quote's multiple failures to remain firmer past 1.0900 teases EUR/USD sellers on a key day.", "On the contrary, the monthly high of 1.0973 can lure the EUR/USD bulls but the upside remains elusive unless crossing the 1.1000-05 resistance confluence, including the stated wedge's top line and the February 01 peak."
  • Eur/usd refreshes day’s high above 1.0930 as USD index eyes further correction, US inflation eyed. According to FXStreet on Wednesday, 12 April, "The EUR/USD pair has printed a fresh four-day high at 1.0935 in the Asian session. "
  • Eur/usd forex signal: waits for US inflation, fed minutes - 12 April 2023. According to DailyForex on Wednesday, 12 April, "The EUR/USD pair rose after the IMF published its growth forecasts for the European economy. ", "The EUR/USD pair made a bearish breakout on Monday and dropped below the lower side of the ascending channel. "

More news about USD/EUR (USDEUR).

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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.