The Euro moved lower on Wednesday. It is currently 1.21761. Italian Industrial Production for November fell 1.4%, Month-over-Month, and fell 4.2%, Year-over-Year. The forecasts for each were -0.4% and -4.3% respectively. Eurozone Industrial Production for November rose 2.5%, Month-over-Month. The consensus forecast was for an increase of only 0.2%. The United States will post CPI figures for December later today.
Euro - Dollar Analysis
US Session Analysis for CFD Instruments 13/01/2021
Technical analysis
Time Frame: 1 hour
EURUSD Support & Resistance Table - 13/01/2021
Support & Resistance | Level | Explanation |
Resistance 2 | 1.2223 | Daily R2 |
Resistance 1 | 1.2198 | Daily R1 |
Support 1 | 1.2132 | Daily S1 |
Support 2 | 1.2107 | Daily S2 |
EURUSD Indicator Table - 13/01/2021
Indicator | Signal |
SMA 20 | Sell |
SMA 50 | Sell |
SMA 100 | Sell |
MACD( 12;26;9) | Sell |
RSI (14) | Buy |
Stochastic ( 9;6;3) | Sell |
EURUSD Indicator / Period Table - 13/01/2021
Indicator / Period | Day - Sell | Week - Buy | Month - Buy |
MACD( 12;26;9) | Sell | Buy | Buy |
RSI (14) | Buy | Buy | Buy |
SMA 20 | Sell | Buy | Buy |
EURUSD 13/01/2021 - Reference Price : 1.2164
Sell |
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