(VIANEWS) - USD/EUR (USDEUR) has been up by 0.95% for the last 5 sessions. At 08:09 EST on Tuesday, 7 May, USD/EUR (USDEUR) is $0.93.
USD/EUR's yearly highs and lows, it's 4.679% up from its 52-week low and 2.989% 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
- According to FXStreet on Monday, 6 May, "This is the level where Dollar bulls were eager to get in and triggered a firm bounce in both the DXY and the USD/JPY pair, with room for further recovery.", "Although a near $60 billion in cash got burned, according to Bloomberg, to get USD/JPY from 160.00 to 151.86, it brought the US Dollar Index to the 55-day Simple Moving Average (SMA) at 104.52. "
- According to FXStreet on Monday, 6 May, "The resurgence of selling pressure in the Japanese yen helped USD/JPY reverse course and reclaim the proximity of the 154.00 region. "
- Usd/jpy price analysis: climbs toward 154.00 after bouncing off the 50-dma. According to FXStreet on Monday, 6 May, "The USD/JPY bounced off a two-week low and climbed toward the 153.90ish area, shy of decisively cracking the 154.00 mark. ", "With that said, the USD/JPY cleared the May 3 high at 153.80, opening the door for further gains. "
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