(VIANEWS) – USD/EUR (USDEUR) is currently on bearish momentum. At 12:12 EST on Wednesday, 28 September, USD/EUR (USDEUR) is at 1.0316, 0.9886% down since the last session’s close.
USD/EUR (USDEUR) Range
Regarding USD/EUR’s daily highs and lows, it’s 0.922% down from its trailing 24 hours low of $1.04 and 1.093% down from its trailing 24 hours high of $1.04.
USD/EUR’s yearly highs and lows, it’s 20.627% up from its 52-week low and 1.574% down from its 52-week high.
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.07%, 0.06%, and 0.47%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.57% (last week), 0.43% (last month), and 0.47% (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
- Eur/usd retreats towards 0.9600 as russia-linked risk-aversion, hawkish fedspeak propels DXY. According to FXStreet on Monday, 26 September, "Elsewhere, the global ire towards Russia’s plan to deploy more troops around Ukraine also exerted downside pressure on the EUR/USD prices, via the US dollar strength. ", "In addition to the risk-aversion, the downbeat activity numbers from the bloc, versus upbeat US statistics, also weigh on the EUR/USD prices."
- Eur/usd signal: still bearish after the italian election – 26 September 2022. According to DailyForex on Monday, 26 September, "The four-hour chart shows that the EUR/USD price has been in a strong bearish trend in the past few weeks. ", "The EUR/USD pair continued falling as Italians propelled Giorgia Meloni to become the prime minister following the recent resignation of Mario Draghi. "
- Eur/usd forecast: euro crashes through the 0.97 level – 26 September 2022. According to DailyForex on Monday, 26 September, "After this massive selling move, I think it is probably only a matter of time before the sellers come in and pushes market lower, but I would like to see a rally as I don’t want to "chase the trade." The market has been in a downtrend since the Great Financial Crisis, when the EUR/USD pair reached the 1.65 level."
- According to FXStreet on Monday, 26 September, "The EUR/USD pair showed no immediate reaction to these remarks and was last seen trading virtually unchanged on the day slightly below 0.9700."
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