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 21/11/2024

Fundamental analysis

21 November, 2024

In European trading, the euro fell against the US Dollar, trading above the 1.0500 mark.

The EUR/USD is losing ground in European trading following the deepening political crisis in Germany and escalating tensions in the Ukraine-Russia war. In Europe, the ECB’s Elderson will speak at (15:30 GMT). In the United States, Initial Jobless Claims (220k expected) and Philadelphia Fed Manufacturing Index for November (6.3 exp) will be posted (13:30 GMT). US Existing Home Sales for October (3.94mln exp) will be released (15:00 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 21/11/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 21/11/2024

Support & Resistance Level Explanation
Resistance 2 1.0576 Daily R2
Resistance 1 1.0551 Daily R1
Support 1 1.0483 Daily S1
Support 2 1.0458 Daily S2

EURUSD Indicator Table - 21/11/2024

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 - 21/11/2024

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

EURUSD 21/11/2024 - Reference Price : 1.0523

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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