CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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.

Euro - Dollar Analysis

US Session Analysis for CFD Instruments 02/12/2019

Fundamental analysis

02 December, 2019

EUR/USD fell in Europe to test a session high of 1.10035 despite data in Europe, which showed even better second manufacturing reading for November. The German Manufacturing PMI for November came in at 44.1, beating analysts’ expectations for a figure of 43.8. In the Eurozone, Manufacturing PMI came in at 46.9 for November, exceeding analysts’ expectations for a figure of 46.6. Later in the US, ISM Manufacturing PMI for November will be released at 15:00 GMT. In Europe, ECB President Lagarde will speak at 14:00 GMT.

Technical analysis

Euro - Dollar Analysis Technical analysis 02/12/2019
Time Frame: 1 hour

EURUSD Support & Resistance Table - 02/12/2019

Support & Resistance Level Explanation
Resistance 2 1.1045 Daily R2
Resistance 1 1.1025 Daily R1
Support 1 1.0985 Daily S1
Support 2 1.0964 Daily S2

EURUSD Indicator Table - 02/12/2019

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

EURUSD Indicator / Period Table - 02/12/2019

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

EURUSD 02/12/2019 - Reference Price : 1.1003

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (2)
Share It With Your Network
Fortrade Daily Video News & Analysis
02/12/19 - Monday
Keep your information fresh, follow the daily analysis and news.
Growth your knowledge and invesments!
02/12/19 - Monday / Analysis
Euro - US Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now