(VIANEWS) – USD/EUR (USDEUR) is currently on bearish momentum. At 13:06 EST on Thursday, 29 July, USD/EUR (USDEUR) is at 0.8412, 1.02% down since the last session’s close.
USD/EUR (USDEUR) Range
Regarding USD/EUR’s daily highs and lows, it’s 0.509% down from its trailing 7 days low of $0.85 and 1.024% down from its trailing 7 days high of $0.85.
USD/EUR’s yearly highs and lows, it’s 3.89% up from its 52-week low and 2.356% down from its 52-week high.
USD/EUR’s last week, last month’s, and last quarter’s current volatility was 0.04%, 0.12%, and 0.42%, respectively.
USD/EUR’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.09% (last week), 0.28% (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 overbought (>=80).
News about USD/JPY
Usd/jpy is tracking US 10-year yields into support structure. According to FXStreet on Tuesday, 27 July, "At the time of writing, USD/JPY is attempting to stabilise fromthe loss of the session (110.26) at 110.30 although is pressured by US yields swooping lower in Tokyo."
According to FXStreet on Tuesday, 27 July, "The comments did little to influence the Japanese yen, which remains well supported by the risk-off impulse in the market and momentarily dragged the USD/JPY pair below the key 110.00 psychological mark."
Usd/jpy slides to fresh session lows, around 110.30-25 region. According to FXStreet on Monday, 26 July, "Nevertheless, the outcome will play a key role in influencing the USD price dynamics and help investors to determine the next leg of a directional move for the USD/JPY pair, warranting caution for bearish traders.", "The anti-risk flow was reinforced by retreating US Treasury bond yields, which kept the US dollar bulls on the defensive and exerted additional pressure on the USD/JPY pair."
Usd/jpy price analysis: bulls set to extend gains beyond 110.55. According to FXStreet on Monday, 26 July, "On the daily chart, the USD/JPY pair has risen sharply from the low of 109.06 to touch the high of 110.59 on Friday. ", "The USD/JPY pair will make the next move towards Friday’s low of 110.08 followed by the 109.85 horizontal support level."
Usd/jpy bears taking control due to lower US yields. According to FXStreet on Monday, 26 July, "At the time of writing, USD/JPY is a touch lower on the day so far at 110.34, but it has recovered from the lows of the day down at 110.11."
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