CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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 29/10/2024

Fundamental analysis

29 October, 2024

In European trading, the euro climbed against the US Dollar, trading above the 1.0800 mark.

The EUR/USD pushed higher in European trading on Tuesday ahead of an array of United States macroeconomic data this week and increasing uncertainty over the US presidential election. The major currency pair climbed ahead of a data-packed week in which traders will get economic growth and unemployment data for both the United States and the Eurozone. In Europe, German Consumer Climate for November was -18.3 vs -20.4 expected. In the United States, CB Consumer Confidence for October (99.2 exp) and JOLTS Job Openings for September (7.920 mln exp) will be revealed (14:00 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 29/10/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 29/10/2024

Support & Resistance Level Explanation
Resistance 2 1.0836 Daily R2
Resistance 1 1.0821 Daily R1
Support 1 1.0783 Daily S1
Support 2 1.0768 Daily S2

EURUSD Indicator Table - 29/10/2024

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

EURUSD Indicator / Period Table - 29/10/2024

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

EURUSD 29/10/2024 - Reference Price : 1.0800

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