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Euro - Dollar Analysis

US Session Analysis for CFD Instruments 11/07/2019

Fundamental analysis

11 July, 2019

EUR/USD was little changed in Europe, trading at 1.1270 as inflation data in Germany came in as expected. Monthly inflation rose 0.3% in June, while year on year Inflation came in at 1.6%. The US dollar remained under pressure on Thursday as investors continued to digest yesterday’s testimony of Fed Chair Jerome Powell. Later in the US, fresh monthly inflation data for June will be released at 13:30 GMT+1, while Fed Chair Jerome Powell will speak before the US congress for a second day.

Technical analysis

Euro - Dollar Analysis Technical analysis 11/07/2019
Time Frame: 1 hour

EURUSD Support & Resistance Table - 11/07/2019

Support & Resistance Level Explanation
Resistance 2 1.1312 Daily R2
Resistance 1 1.1290 Daily R1
Support 1 1.1242 Daily S1
Support 2 1.1220 Daily S2

EURUSD Indicator Table - 11/07/2019

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 - 11/07/2019

Indicator / Period Day - BuyWeek - BuyMonth - Sell
MACD( 12;26;9) Buy SellSell
RSI (14) Sell NeutralSell
SMA 20 Buy BuySell

EURUSD 11/07/2019 - Reference Price : 1.1269

Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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