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USD/EUR Bullish Momentum: 0.803% Up In The Last 24 Hours

ViaNews Editorial Team

February 2, 2023

USD/EUR Bullish Momentum: 0.803% Up In The Last 24 Hours

(VIANEWS) - USD/EUR (USDEUR) has been up by 0.8025% for the last session's close. At 10:09 EST on Thursday, 2 February, USD/EUR (USDEUR) is $0.92.

USD/EUR (USDEUR) Range

About USD/EUR's daily highs and lows, it's 0.348% down from its trailing 24 hours low of $0.92 and 0.94% down from its trailing 24 hours high of $0.93.

USD/EUR's yearly highs and lows, it's 5.391% up from its 52-week low and 12.526% 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 positive 0.15%, a negative 0.09%, and a positive 0.52%, respectively.

USD/EUR's highest amplitude of average volatility was 0.19% (last week), 0.42% (last month), and 0.52% (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 price analysis: slips from bull’s radar, symmetrical triangle in focus. According to FXStreet on Wednesday, 1 February, "Technically, the two-week-long symmetrical triangle restricts the immediate USD/JPY moves.", "Alternatively, the 130.30 resistance confluence restricts immediate USD/JPY upside ahead of the aforementioned triangle's top line, close to 130.55 as we write."
  • Usd/jpy price analysis: setup remains tilted firmly in favour of bearish traders. According to FXStreet on Tuesday, 31 January, "The downward trajectory could get extended further towards the 128.00 round-figure mark, below which the USD/JPY pair seems all set to challenge the multi-month low, around the 127.20 zone touched on January 16.", "The USD/JPY pair might then turn vulnerable to weaken below the 129.00 mark and test intermediate support near the 128.75-128.70 horizontal zone."
  • Usd/jpy bulls hesitate around mid-130.00s as upbeat Japan data tease boj hawks. According to FXStreet on Tuesday, 31 January, "A daily closing beyond the 21-DMA level surrounding 130.35, the first early November 2021, keeps USD/JPY buyers hopeful.", "Additionally, China's inability to spread optimism after returning from the one-week-old Lunar New Year holiday, even with hopes of witnessing an end to the Covid wave, also favored the USD/JPY buyers."

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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