(VIANEWS) – USD/EUR (USDEUR) has been up by 1.79% for the last 21 sessions. At 13:07 EST on Thursday, 18 May, USD/EUR (USDEUR) is $0.93.
USD/EUR’s yearly highs and lows, it’s 3.04% up from its 52-week low and 11.391% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.24%, 0.04%, and 0.42%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.34% (last week), 0.31% (last month), and 0.42% (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 oversold (<=20).
News about
- According to FXStreet on Tuesday, 16 May, "Dhwani also outlines important technical levels to trade the EUR/USD pair: "On the upside, EUR/USD buyers need acceptance above the bullish 50 DMA support-turned resistance to initiate any meaningful recovery toward 1.0950 psychological level. ", "With the US Dollar recovering ground to reach a monthly high in the wake of mounting US default fears and looming banking sector concerns, the EUR/USD pair remains vulnerable to more downside risks below the 1.0900 psychological mark. "
- Ecb: one or two more increases probably not enough to set new highs for eur/usd of about 1.11 – socgen. According to FXStreet on Tuesday, 16 May, "Economists at Société Générale do not expect the EUR/USD pair to reach new highs.", "One or two more increases probably won’t be enough to set pulses racing about new highs for the EUR/USD of about 1.11."
- Eur/usd: break below 1.0800 would signal a significant deterioration in market sentiment – ING. According to FXStreet on Tuesday, 16 May, "Economists at ING note that the EUR/USD pair should hold above 1.08 to avoid significant losses."
- Eur/usd bulls eye 1.0900 amid US default woes ahead of eurozone gdp, US retail sales. According to FXStreet on Tuesday, 16 May, "The EUR/USD portrays a two-week-long falling wedge bullish pattern as the oversold RSI (14) line favors the buyers. ", "Looking ahead, the likely unimpressive Eurozone Q1 GDP prints of 0.1% QoQ and 1.3% YoY can entertain EUR/USD traders on posting any positive surprise, which is more likely. "
More news about USD/EUR (USDEUR).
