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

EU Session Analysis for CFD Instruments 09/06/2021

Fundamental analysis

09 June, 2021

The Eurodollar currency pair edged upwards to around 1.2179 levels during the Asian session this morning. The Euro fell slightly on Tuesday. German Industrial Production for April fell 1.0%, Month-over-Month. The German ZEW Economic Sentiment for June came in at 79.8. Eurozone GDP for the 1st Quarter fell 1.3%, Year-over-Year, and dropped 0.3%, Quarter-over-Quarter. The United States’ Trade Balance for April came in at -$68.90 billion, as expected. The JOLTS Job openings Report for April printed at 9,286 million jobs. The consensus forecast was only 8.300 million job openings.

Technical analysis

Euro - Dollar Analysis Technical analysis 09/06/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 09/06/2021

Support & Resistance Level Explanation
Resistance 2 1.22229 Daily R2
Resistance 1 1.22033 Daily R1
Support 1 1.21511 Daily S1
Support 2 1.21315 Daily S2

EURUSD Indicator Table - 09/06/2021

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

EURUSD Indicator / Period Table - 09/06/2021

Indicator / Period Day - SellWeek - BuyMonth - Buy
MACD( 12;26;9) Neutral BuyBuy
RSI (14) Sell BuyBuy
SMA 20 Buy SellBuy

EURUSD 09/06/2021 - Reference Price : 1.21772

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