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USD/EUR Bearish Momentum: 0.94% Down In The Last 5 Sessions

ViaNews Editorial Team

February 21, 2024

USD/EUR Bearish Momentum: 0.94% Down In The Last 5 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 0.94% for the last 5 sessions. At 20:10 EST on Tuesday, 20 February, USD/EUR (USDEUR) is $0.93.

USD/EUR's yearly highs and lows, it's 4.296% up from its 52-week low and 3.344% 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 0.16%, a positive 0.04%, and a positive 0.30%, respectively.

USD/EUR's highest amplitude of average volatility was 0.20% (last week), 0.25% (last month), and 0.30% (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 forecast: US dollar continues to look strong against yen - 19 February 2024. According to DailyForex on Monday, 19 February, "The USD/JPY pair experienced a slight uptick early on Friday, rebounding from the key support level at 149.80 yen. ", "While short-term fluctuations may occur, the overall outlook suggests a continuation of the upward trend in the USD/JPY pair. "
  • Usd/jpy price analysis: extends downside to 150.00 as USD index drops to weekly low. According to FXStreet on Tuesday, 20 February, "The USD/JPY pair falls slightly below the psychological support of 150.00 in the early New York session on Tuesday. "
  • Usd/jpy holds ground above 150.30, FOMC minutes eyed. According to FXStreet on Tuesday, 20 February, "The USD/JPY pair holds above the 150.00 psychological mark during the early Asian trading hours on Tuesday. ", " The upside of the USD/JPY pair might be capped due to the verbal intervention from the Japanese authorities. "
  • Usd/jpy analysis: the uptrend remains dominant the uptrend remains dominant - 19 February 2024. According to DailyForex on Monday, 19 February, "According to performance, USD/JPY has now advanced to trade slightly above the 100-hour moving average line on the hourly chart. ", "The price of the USD/JPY pair rebounded last Friday from trend line support at around 149.85 to trade at around 150.26. "

More news about USD/EUR (USDEUR).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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