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. 73.43% 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 01/06/2022

Fundamental analysis

01 June, 2022

The EUR/USD pair is trading lower. It is currently 1.0718. The Eurozone Manufacturing PMI for May printed 54.6 vs 54.4 expected. The German Manufacturing PMI for May reported 54.8 vs 54.7 expected. Italian Manufacturing PMI May came in at 51.9. The consensus was 53.5. Spanish Manufacturing PMI for May of 53.8 vs 52.0. German Retail Sales Month-on-Month for April was -5.4% vs -0.2% expected. The United States will report ISM Manufacturing PMI for May later today. JOLT Job Openings will also print later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 01/06/2022
Time Frame: 1 hour

EURUSD Support & Resistance Table - 01/06/2022

Support & Resistance Level Explanation
Resistance 2 1.0771 Daily R2
Resistance 1 1.0747 Daily R1
Support 1 1.0685 Daily S1
Support 2 1.0661 Daily S2

EURUSD Indicator Table - 01/06/2022

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

EURUSD Indicator / Period Table - 01/06/2022

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

EURUSD 01/06/2022 - Reference Price : 1.0709

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