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. 73.43% 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

EU Session Analysis for CFD Instruments 09/04/2021

Fundamental analysis

09 April, 2021

The Eurodollar currency pair was slightly lower, moving to around 1.1901 levels during the Asian session this morning. The Euro traded higher on Thursday. Eurozone PPI for february rose 1.5%, Year-over-Year, and climbed 0.5%, Month-over-Month. German Factory Orders for February were up 1.2%, Month-over-Month. Initial Jobless claims in the United States for the past week were 744,000. The consensus forecast was only 680,000.

Technical analysis

Euro - Dollar Analysis Technical analysis 09/04/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 09/04/2021

Support & Resistance Level Explanation
Resistance 2 1.1942 Daily R2
Resistance 1 1.1922 Daily R1
Support 1 1.1817 Daily S1
Support 2 1.1852 Daily S2

EURUSD Indicator Table - 09/04/2021

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

EURUSD Indicator / Period Table - 09/04/2021

Indicator / Period Day - BuyWeek - SellMonth - Buy
MACD( 12;26;9) Buy BuyBuy
RSI (14) Sell NeutralBuy
SMA 20 Buy SellBuy

EURUSD 09/04/2021 - Reference Price : 1.1893

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