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 06/08/2024

Fundamental analysis

06 August, 2024

In European trading, the euro fell against the US Dollar, trading above the 1.09000 mark.

In the Eurozone, there will be no major data releases today. In the United States, there are no major data releases scheduled today.

Technical analysis

Euro - Dollar Analysis Technical analysis 06/08/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 06/08/2024

Support & Resistance Level Explanation
Resistance 2 1.0965 Daily R2
Resistance 1 1.0940 Daily R1
Support 1 1.0876 Daily S1
Support 2 1.0851 Daily S2

EURUSD Indicator Table - 06/08/2024

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

EURUSD Indicator / Period Table - 06/08/2024

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

EURUSD 06/08/2024 - Reference Price : 1.0905

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