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 17/03/2021

Fundamental analysis

17 March, 2021

The Euro is trading sideways on Wednesday. It is currently 1.18953. Eurozone CPI for February rose 0.9%, Year-over-Year, as expected. The United States will report Building Permits and Housing Starts for February later today. The U.S. Federal Reserve will announce its latest interest rate decision and Chairman Powell will host a press conference after at 18:30 UK time.

Technical analysis

Euro - Dollar Analysis Technical analysis 17/03/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 17/03/2021

Support & Resistance Level Explanation
Resistance 2 1.1942 Daily R2
Resistance 1 1.1922 Daily R1
Support 1 1.1868 Daily S1
Support 2 1.1847 Daily S2

EURUSD Indicator Table - 17/03/2021

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

EURUSD Indicator / Period Table - 17/03/2021

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

EURUSD 17/03/2021 - Reference Price : 1.1906

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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Euro - US Dollar Chart
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