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 30/10/2024

Fundamental analysis

30 October, 2024

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

The EUR/USD jumped in European trading to record a ten day high on Wednesday after a number of positive data readings suggesting the Eurozone economy is in better shape than previously thought. In Europe, Q3 German GDP for October came in at 0.2% vs -0.3% expected. German CPI Inflation for October (1.8%) will be revealed (13:00 GMT). In the United States, ADP Nonfarm Employment Change for October (101k exp) will be released (12:15 GMT) and Q3 GDP figures (3% exp) will be revealed (12:30 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 30/10/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 30/10/2024

Support & Resistance Level Explanation
Resistance 2 1.0858 Daily R2
Resistance 1 1.0847 Daily R1
Support 1 1.0819 Daily S1
Support 2 1.0809 Daily S2

EURUSD Indicator Table - 30/10/2024

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

EURUSD Indicator / Period Table - 30/10/2024

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

EURUSD 30/10/2024 - Reference Price : 1.08321

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