(VIANEWS) – USD/EUR (USDEUR) is currently on bullish momentum. At 13:08 EST on Wednesday, 29 June, USD/EUR (USDEUR) is at 0.9566, 0.6841% up since the last session’s close.

USD/EUR (USDEUR) Range

Regarding USD/EUR’s daily highs and lows, it’s 0.727% up from its trailing 24 hours low of $0.95 and 0.642% up from its trailing 24 hours high of $0.95.

USD/EUR’s yearly highs and lows, it’s 13.935% up from its 52-week low and 0.973% 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 0.04%, a positive 0.08%, and a positive 0.47%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.38% (last week), 0.46% (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 USD/JPY

  • Usd/jpy price analysis: drops back below 135.00 but sellers have a bumpy road. According to FXStreet on Monday, 27 June, "On the contrary, the weekly resistance line near 135.25 and the stated channel’s upper line, close to 135.40 by the press time, limit the short-term recovery of the USD/JPY pair."
  • Usd/jpy consolidates around 135.00 mark, downside potential seems limited. According to FXStreet on Monday, 27 June, "This was evident from a generally positive tone around the equity markets, which might continue to undermine the safe-haven Japanese yen and act as a tailwind for the USD/JPY pair.", "That said, reducing odds for more aggressive Fed rate hikes kept the USD bulls on the defensive and acted as a headwind for the USD/JPY pair, at least for the time being."
  • Usd/jpy steadily climbs back to 136.00 mark amid risk-on, rising US bond yields. According to FXStreet on Tuesday, 28 June, "Sustained strength back above the 136.00 mark will reaffirm the constructive outlook and allow the USD/JPY pair to aim back to test a 24-year high, around the 136.70 region touched last week. ", "This continued weighing on the USD, which might hold back bulls from placing aggressive bets around the USD/JPY pair and cap gains, at least for now."

More news about USD/EUR (USDEUR).

LEAVE A REPLY

Please enter your comment!
Please enter your name here