(VIANEWS) – USD/EUR (USDEUR) has been up by 2.6% for the last 21 sessions. At 15:09 EST on Sunday, 10 September, USD/EUR (USDEUR) is $0.93.
USD/EUR’s yearly highs and lows, it’s 5.344% up from its 52-week low and 10.866% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.25%, 0.11%, and 0.34%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.33% (last week), 0.31% (last month), and 0.34% (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
- Eur/usd sticks to modest recovery gains near 1.0720 area, upside potential seems limited. According to FXStreet on Friday, 8 September, "Apart from this, retreating US Treasury bond yields, along with signs of stability in the equity markets, undermine the safe-haven buck, which, in turn, is seen as a key factor acting as a tailwind for the EUR/USD pair. ", "Nevertheless, the EUR/USD pair remains on track to register losses for the eighth straight week and the aforementioned fundamental backdrop suggests that the path of least resistance remains down. "
- According to FXStreet on Friday, 8 September, "As long as the EUR/USD remains below the 200-day SMA, a sustained decline in the pair is probable.", "Should the EUR/USD manage to breach Thursday’s at 1.0685, it may retest the May 31 low of 1.0635 before potentially reaching the March 15 low of 1.0516. "
- Eur/usd struggles to hold gains, set for weekly loss as it trades below 1.0700. According to FXStreet on Saturday, 9 September, "On the other hand, if the EUR/USD finishes the week above 1.0700, an upward correction is expected, with buyers eyeing the 1.0750 area, followed by the September 5 high at 1.0798.", "From a daily chart perspective, the pair remains neutral to a downward bias, set to test the May 31 swing low of 1.0635 if the EUR/USD achieves a daily close below the psychological 1.0700 mark. "
- Eur/usd: weekly forecast 10th September – 16th September – 10 September 2023. According to DailyForex on Sunday, 10 September, "Traders looking for upside price action in the EUR/USD may have to practice patience.", "The EUR/USD stumbled near lower depths until Thursday when additional bearish price action developed."
More news about USD/EUR (USDEUR).
