CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Euro - Dollar Analysis

US Session Analysis for CFD Instruments 22/01/2021

Fundamental analysis

22 January, 2021

The Euro is moving sideways on Friday in choppy trading. It is roughly unchanged on the day at 1.21666. PMI’s are mixed between Services and Manufacturing and among different countries and the Eurozone as a whole. Herman Manufacturing PMI for January was reported to be 57.0, below its estimate of 57.5. German Services PMI for January beat its forecast printing at 46.8 vs. the 45.3 expected. In France Manufacturing PMI for January was 51.5 and Services PMI came in at 46.5. The former figure is better than forecast and the latter is a miss. The United States will report its own Manufacturing and Services PMI’s this afternoon.

Technical analysis

Euro - Dollar Analysis Technical analysis 22/01/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 22/01/2021

Support & Resistance Level Explanation
Resistance 2 1.2219 Daily R2
Resistance 1 1.2203 Daily R1
Support 1 1.2160 Daily S1
Support 2 1.2144 Daily S2

EURUSD Indicator Table - 22/01/2021

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

EURUSD Indicator / Period Table - 22/01/2021

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuyBuy
RSI (14) Buy BuyBuy
SMA 20 Buy BuyBuy

EURUSD 22/01/2021 - Reference Price : 1.2181

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (2)Sell (0)
Share It With Your Network
Euro - US Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now