CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Euro - Dollar Analysis

US Session Analysis for CFD Instruments 11/10/2024

Fundamental analysis

11 October, 2024

In European trading, the euro was higher against the US Dollar, trading above the 1.0900 mark.

In the European session the pair moved higher after the publication of German inflation data. The EUR/USD appeared to hit a floor of just below the 1.0900 mark yesterday afternoon and has been rising since. In the Eurozone, German CPI Inflation data for September was in line with expectations at 1.6%. In the United States, Producer Price Index data for September (1.6% expected) will be published (13:30 GMT+1).

Technical analysis

Euro - Dollar Analysis Technical analysis 11/10/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 11/10/2024

Support & Resistance Level Explanation
Resistance 2 1.0972 Daily R2
Resistance 1 1.0956 Daily R1
Support 1 1.0916 Daily S1
Support 2 1.0900 Daily S2

EURUSD Indicator Table - 11/10/2024

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

EURUSD Indicator / Period Table - 11/10/2024

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

EURUSD 11/10/2024 - Reference Price : 1.0934

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