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. 70.41% 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 08/03/2021

Fundamental analysis

08 March, 2021

The Euro drifted lower on Monday. It is currently 1.18780. The Eurozone Sentix Investor COnfidence Index for March printed at 5.0. The consensus forecast was 1.9. German Industrial Production for January fell 2.5%, Month-over-Month. Analysts had predicted a 0.2% increase. The United States will report the Conference Board Employment Trends Index for February and Wholesale Trade Sales for January later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 08/03/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 08/03/2021

Support & Resistance Level Explanation
Resistance 2 1.1936 Daily R2
Resistance 1 1.1911 Daily R1
Support 1 1.1843 Daily S1
Support 2 1.1817 Daily S2

EURUSD Indicator Table - 08/03/2021

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

EURUSD Indicator / Period Table - 08/03/2021

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

EURUSD 08/03/2021 - Reference Price : 1.1867

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