(VIANEWS) – USD/EUR (USDEUR) has been up by 1.66% for the last 21 sessions. At 10:11 EST on Thursday, 12 October, USD/EUR (USDEUR) is $0.95.
USD/EUR’s yearly highs and lows, it’s 6.776% up from its 52-week low and 8.749% 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 0.21%, a positive 0.04%, and a positive 0.31%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.21% (last week), 0.29% (last month), and 0.31% (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
- According to Business Insider on Tuesday, 10 October, "The EUR/USD pair, which is tracked by the Invesco CurrecyShares Euro Currency Trust (NYSE:FXE),was 0.4% higher to 1.0602."
- Eur/usd trades with a mild positive bias on subdued USD demand, remains below 1.0600 mark. According to FXStreet on Tuesday, 10 October, "The EUR/USD pair gains some positive traction during the Asian session on Tuesday and remains well within the striking distance of last week’s swing high. ", "This points to a well-established short-term bearish trend and makes it prudent to wait for a strong follow-through buying before confirming that the EUR/USD pair has formed a near-term bottom around the 1.0450-1.0445 area, or the YTD trough set last week. "
- Eur/usd technical analysis: general trend is still bearish – 10 October 2023. According to DailyForex on Tuesday, 10 October, "But this trade can come back into action at any time and any bullish EUR/USD event should be viewed as a profit taking event in the opposite direction which is required to rebalance the market from previously extended positions.", "Expectations for the euro against the dollar today:According to the performance on the daily chart below, the general trend of the EUR/USD currency pair is still bearish."
- According to FXStreet on Wednesday, 11 October, "Continued upward momentum could potentially propel EUR/USD to revisit the September 20 high of 1.0736, followed by the significant 200-day Simple Moving Average (SMA) at 1.0823. ", "As long as the EUR/USD remains below the 200-day SMA, the potential for sustained downward pressure persists."
- According to FXStreet on Tuesday, 10 October, "The persistence of selling pressure on the EUR/USD could lead to a retesting of the 2023 low at 1.0448 seen on October 3and may even challenge the significant psychological level of 1.0400. ", "As long as the EUR/USD remains below the 200-day SMA, there is the possibility of continued downward pressure."
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