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 13/11/2024

Fundamental analysis

13 November, 2024

In European trading, the euro dropped against the US Dollar, trading above the 1.0600 mark.
The EUR/USD continued falling during European trading following concerns about the stability of the German government, with fresh elections as a prospect. Furthermore, Donald Trump’s hostile trading policy represents another potential downside risk for the Euro. In Europe, an ECB Non-Monetary Policy meeting was held this morning. In the United States, inflation data will be published (13:30 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 13/11/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 13/11/2024

Support & Resistance Level Explanation
Resistance 2 1.0700 Daily R2
Resistance 1 1.0661 Daily R1
Support 1 1.0559 Daily S1
Support 2 1.0520 Daily S2

EURUSD Indicator Table - 13/11/2024

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

EURUSD Indicator / Period Table - 13/11/2024

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

EURUSD 13/11/2024 - Reference Price : 1.0611

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