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. 73.43% 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 29/08/2022

Fundamental analysis

29 August, 2022

The Euro dollar declined in the Asian session. It is trading at 0.9916. Germany reported GFK Consumer Climate for September at -36.5. The United States reported the Core PCE Price Index Month-on-Month for July 0.1% vs 0.4% expected. Michigan Consumer Sentiment for August printed 58.2 vs 55.1 expected.

Technical analysis

Euro - Dollar Analysis Technical analysis 29/08/2022
Time Frame: 1 hour

EURUSD Support & Resistance Table - 29/08/2022

Support & Resistance Level Explanation
Resistance 2 0.9997 Daily R2
Resistance 1 0.9964 Daily R1
Support 1 0.9847 Daily S1
Support 2 0.9841 Daily S2

EURUSD Indicator Table - 29/08/2022

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

EURUSD Indicator / Period Table - 29/08/2022

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

EURUSD 29/08/2022 - Reference Price : 0.9923

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