CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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. 70.91% 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

US Session Analysis for CFD Instruments 19/02/2021

Fundamental analysis

19 February, 2021

The Euro moved sharply higher on Friday. It is currently 1.21373. German Manufacturing PMI for February printed at 60.6. The consensus forecast was only 56.5. France’s Manufacturing PMI for February came in at 55.0. It beat the analysts’ expectation of 51.4. The Eurozone Markit Composite PMI for February came in at 48.1, slightly beating its forecast of 48.0. The United States will report PMI’s for December and Existing Home Sales for January later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 19/02/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 19/02/2021

Support & Resistance Level Explanation
Resistance 2 1.2170 Daily R2
Resistance 1 1.2155 Daily R1
Support 1 1.2115 Daily S1
Support 2 1.2100 Daily S2

EURUSD Indicator Table - 19/02/2021

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

EURUSD Indicator / Period Table - 19/02/2021

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

EURUSD 19/02/2021 - Reference Price : 1.2137

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (1)
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Euro - US Dollar Chart
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