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 11/12/2024

Fundamental analysis

11 December, 2024

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

In this morning's session the Euro has undergone a sharp fall influenced by two sides - the anticipated inflation data coming from the US which is strengthening the dollar and the upcoming ECB interest rate cut which is weakening the euro. In Europe, German Bundesbank Baltz will speak (07:00 GMT). In the US, CPI Inflation data (2.7% exp) will be released (13:30 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 11/12/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 11/12/2024

Support & Resistance Level Explanation
Resistance 2 1.0545 Daily R2
Resistance 1 1.0523 Daily R1
Support 1 1.0463 Daily S1
Support 2 1.0441 Daily S2

EURUSD Indicator Table - 11/12/2024

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

EURUSD Indicator / Period Table - 11/12/2024

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

EURUSD 11/12/2024 - Reference Price : 1.0493

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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