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

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.28% for the last 21 sessions. At 02:14 EST on Friday, 2 June, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 2.929% up from its 52-week low and 11.486% 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 0.09%, a positive 0.08%, and a positive 0.40%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.27% (last week), 0.26% (last month), and 0.40% (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

  • Usd/jpy technical analysis: strong bullish momentum – 31 May 2023. According to DailyForex on Wednesday, 31 May, "It is possible to sell to take profits at any time, especially since the gains of the USD/JPY currency pair reached the resistance level of 140.93. ", "On the other hand, according to the performance on the daily chart below, there will be no breach of the bullish trend of the USD/JPY currency pair without moving towards the support levels of 138.80 and 137.00, respectively. "
  • Usd/jpy would be in the range of intervention on a quick move above 145 – MUFG. According to FXStreet on Wednesday, 31 May, "The debt ceiling issue has been resolved and a strong jobs report at the end of the week would likely see markets price more fully a Fed rate hike on 13th June that would likely then lead to further USD/JPY buying."
  • Usd/jpy remains depressed around mid-139.00s amid intervention warning. According to FXStreet on Wednesday, 31 May, "This, in turn, warrants caution before placing aggressive bearish bets around the USD/JPY pair. ", "A combination of factors provides a goodish lift to the Japanese Yen (JPY), which, in turn, is seem exerting downward pressure on the USD/JPY pair for the third successive day. "
  • Usd/jpy drops vertically to near 139.00 as USD index extends losses, US NFP eyed. According to FXStreet on Thursday, 1 June, "The USD/JPY pair has witnessed an intense sell-off and has dropped to near 139.00 in the Asian session. ", "About USD/JPY’s outlook, Economists at MUFG Bank believe that "The debt ceiling issue has been resolved and a strong jobs report at the end of the week would likely see markets price more fully a Fed rate hike on 13th June that would likely then lead to further USD/JPY buying."
  • Usd/jpy to quickly target 145.00 if US data further validate fed hawkishness – credit suisse. According to FXStreet on Thursday, 1 June, "While this led to a reversal in USD/JPY back below 140.00, it is doubtful that verbal intervention of this kind alone is likely to turn the pair’s upward trajectory.", "If US data further validate Fed hawkishness this week we can see USD/JPY quickly target 145.00, at which point the risks of actual intervention ahead of the next BoJ meeting would multiply."

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