(VIANEWS) – USD/EUR (USDEUR) is currently on bullish momentum. At 17:07 EST on Thursday, 2 December, USD/EUR (USDEUR) is at 0.8846, 2.47% up since the last session’s close.
USD/EUR (USDEUR) Range
About USD/EUR’s daily highs and lows, it’s 2.765% up from its trailing 30 days low of $0.86 and 1.029% down from its trailing 30 days high of $0.89.
USD/EUR’s yearly highs and lows, it’s 9.25% up from its 52-week low and 1.029% down from its 52-week high.
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.38%, a positive 0.11%, and a positive 0.26%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.38% (last week), 0.35% (last month), and 0.26% (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
- Usd/jpy tracks yields to rebound towards 114.00 amid Covid-19 variant woes. According to FXStreet on Monday, 29 November, "A daily closing beyond the support-turned-resistance from early October, around 113.75 by the press time, becomes necessary for the USD/JPY buyers to retake controls. ", "Looking forward, the virus developments in the West will be particularly more important for the USD/JPY traders, which in turn highlights today’s speech from US President Joe Biden to update on the US reaction to the COVID-19 variant. "
- Usd/jpy recovers to upper 113.00s, in tandem with tepid recovery in longer-term US yields. According to FXStreet on Monday, 29 November, "Thus, while the pair does trade higher on the day by about 0.4%, USD/JPY remains about 1.5% below last week’s highs around 115.50.", "As is typically the case, USD/JPY has not been to responsive to domestic Japanese news. "
- Usd/jpy grinds higher towards 114.00 as yields recover on coronavirus talks. According to FXStreet on Tuesday, 30 November, "A successful recovery from the 50-DMA, around 113.25 by the press time, keeps USD/JPY buyers hopeful to overcome the immediate hurdle, namely the 21-DMA level near 114.10. ", "It’s worth noting that Japan’s banning of international flights from South Africa and surrounding countries join US President Joe Biden’s cautious optimism to favor the USD/JPY buyers. "
- Usd/jpy price analysis: 50-dma defends buyers above 113.00. According to FXStreet on Monday, 29 November, "Even if the USD/JPY sellers break 113.15 DMA support, the resistance-turned-support line from March 2021, close to 112.80, will precede September’s peak of 112.00 to challenge the pair’s further weakness.", "Alternatively, a clear upside break of the immediate resistance line, previous support around 114.10, will direct USD/JPY bulls towards the last month’s high surrounding 114.70."
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