CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Euro - Dollar Analysis

US Session Analysis for CFD Instruments 08/10/2021

Fundamental analysis

08 October, 2021

The Euro spiked higher on Friday. It is currently 1.15656. Germany’s Exports for August fell 1.2%, Month-over-Month. Germany’s Imports for August rose 3.5%, Month-over Month. The consensus forecasts were 0.5% and 1.8%, respectively. Germany’s overall Trade Balance for August was 13.0billion euros. The United States will report Nonfarm Payrolls for September and September’s Unemployment Rate later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 08/10/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 08/10/2021

Support & Resistance Level Explanation
Resistance 2 1.1598 Daily R2
Resistance 1 1.1583 Daily R1
Support 1 1.1543 Daily S1
Support 2 1.1528 Daily S2

EURUSD Indicator Table - 08/10/2021

Indicator Signal
SMA 20 Sell
SMA 50 Sell
SMA 100 Sell
MACD( 12;26;9) Sell
RSI (14) Buy
Stochastic ( 9;6;3) Buy

EURUSD Indicator / Period Table - 08/10/2021

Indicator / Period Day - SellWeek - SellMonth - Sell
MACD( 12;26;9) Sell SellBuy
RSI (14) Buy SellNeutral
SMA 20 Sell SellSell

EURUSD 08/10/2021 - Reference Price : 1.1560

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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Euro - US Dollar Chart
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