USDEUR (USDEUR.CUR)

Close: 0.8937 (0.0000), Oct 9, 2026

Positive

Automatic technical analysis. Medium term, Oct 9, 2026

An approximate horizontal trend channel in the medium long term is broken up. Continued strong development is indicated, and the currency now meets support on possible reactions down towards the trend lines. It also gave positive signal from the rectangle formation at the break up through the resistance at 0.89. Further rise to 0.92 or more is signaled. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the currency has support at approximately 0.87 points. The short term momentum of the currency is strongly positive, with RSI above 70. This indicates increasing optimism among investors and further price increase for USDEUR. However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. The currency is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive (Score: 97)

Period	Vol.bal.	Volatility	+/- %
1 day	-	0.31%	+0.03%
5 days	0.00	0.99%	+0.60%
22 days	0.00	2.38%	+3.92%
66 days	0.00	3.91%	+2.21%

More analyses of USDEUR

Candlesticks

Short term: Positive

Medium term: Positive

Long term: Hold

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