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USD/EUR Is 1% Down In The Last 21 Sessions

ViaNews Editorial Team

January 4, 2024

USD/EUR Is 1% Down In The Last 21 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 1.68% for the last 21 sessions. At 14:06 EST on Thursday, 4 January, USD/EUR (USDEUR) is $0.91.

USD/EUR's yearly highs and lows, it's 2.965% up from its 52-week low and 4.577% 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 0.38%, a negative 0.03%, and a positive 0.35%, respectively.

USD/EUR's highest amplitude of average volatility was 0.38% (last week), 0.39% (last month), and 0.35% (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 holds below the mid-1.0900s ahead of US pmi, FOMC minutes. According to FXStreet on Tuesday, 2 January, "The EUR/USD pair remains under pressure during the early Asian session on Wednesday. "
  • Eur/usd price analysis: rebounds from over one-week low, moves back above mid-1.0900s. According to FXStreet on Wednesday, 3 January, "The EUR/USD pair might then weaken below the 200-period SMA on the 4-hour chart, currently around the 1.0920 region, and the 1.0900 mark, towards testing the 61.8% Fibo. ", "In the meantime, doubts over early rate cuts by the Federal Reserve (Fed) might hold back traders from placing aggressive bearish bets around the buck and keep a lid on any further gains for the EUR/USD pair."
  • Eur/usd forex signal: bullish trend is still on ahead of FOMC minutes - 03 January 2024. According to DailyForex on Wednesday, 3 January, "The EUR/USD pair is also above the ascending trendline, which connects the lowest levels since October 3rd. ", "The EUR/USD pair will be in the spotlight on Wednesday as traders reflect on several economic numbers from the US and Europe. "
  • According to FXStreet on Wednesday, 3 January, "On the upside, buyers could show interest in case EUR/USD returns within the ascending channel by flipping 1.1000 into support. "

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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