(VIANEWS) - USD/EUR (USDEUR) has been up by 0.92% for the last 10 sessions. At 21:06 EST on Wednesday, 28 February, USD/EUR (USDEUR) is $0.92.
USD/EUR's yearly highs and lows, it's 4.093% up from its 52-week low and 3.532% down from its 52-week high.
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
- Eur/usd: lacking a clear catalyst for another leg higher unless US data disappoints today – ING. According to FXStreet on Tuesday, 27 February, "The Eurozone calendar only includes money supply figures today, and our expectations for a re-strengthening of the Dollar around Thursday's US PCE release makes us sceptical of the sustainability of a EUR/USD rally at this stage."
- Eur/usd price analysis: hovers around the major level of 1.0850. According to FXStreet on Tuesday, 27 February, "This lagging indicator implies a potential shift towards bullish momentum for the EUR/USD pair.", "On the downside, the EUR/USD pair could find the key support around the 21-day Exponential Moving Average (EMA) at 1.0814 followed by the psychological support of 1.0800 level. "
- Eur/usd trades with modest gains above mid-1.0800s amid modest USD downtick. According to FXStreet on Tuesday, 27 February, "Apart from this, Friday's closely watched Eurozone inflation data will play a key role in influencing the shared currency and provide some meaningful impetus to the EUR/USD pair ahead of the upcoming ECB policy meeting on March 7.", "The EUR/USD pair is seen building on the previous day's goodish rebound from the 1.0815-1.0810 region and gaining some positive traction for the second straight day on Tuesday. "
- Eur/usd signal: neutral outlook with a bullish bias - 28 February 2024. According to DailyForex on Wednesday, 28 February, "Looking ahead, the next key EUR/USD news to watch will be the upcoming US GDP numbers. ", "The EUR/USD pair has held steady this week even after the weak US consumer confidence report. "
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