CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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. 70.91% 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 all your money. Read full risk warning.

Euro - Dollar Analysis

EU Session Analysis for CFD Instruments 16/09/2021

Fundamental analysis

16 September, 2021

The Eurodollar currency pair was slightly lower, moving to around 1.1810 levels during the Asian session this morning. The Euro finished the European trading day on Wednesday moderately higher. France’s CPI for August rose 0.6%, Month-over-Month. Eurozone Industrial Production for July came in at 1.5%, Month-over-Month, and 7.7%, Year-over-Year. In the United States, Weekly Mortgage Applications rose 0.3%, Week-over-Week. The NY Empire State Manufacturing Index for September printed at 34.30. The consensus forecast was 18.00.

Technical analysis

Euro - Dollar Analysis Technical analysis 16/09/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 16/09/2021

Support & Resistance Level Explanation
Resistance 2 1.1834 Daily R2
Resistance 1 1.1821 Daily R1
Support 1 1.1789 Daily S1
Support 2 1.1776 Daily S2

EURUSD Indicator Table - 16/09/2021

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

EURUSD Indicator / Period Table - 16/09/2021

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

EURUSD 16/09/2021 - Reference Price : 1.1803

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