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 18/03/2021

Fundamental analysis

18 March, 2021

The Euro fell on Thursday, giving up about half of yesterday’s huge increase. It is currently 1.19436. Rising yields on U.S. Treasuries this morning are causing the Greenback to strengthen against most major currency pairs. Wages in the Eurozone rose 3.50%, Year-over-Year, in the 4th Quarter. The Eurozone’s Trade Balance for January prints at 6.3 billion euros, well below the consensus forecast of 25.3 billion euros. The United States will report Initial Jobless Claims for the past week and release the Philly Fed Manufacturing Index for March later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 18/03/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 18/03/2021

Support & Resistance Level Explanation
Resistance 2 1.1994 Daily R2
Resistance 1 1.1917 Daily R1
Support 1 1.1911 Daily S1
Support 2 1.1888 Daily S2

EURUSD Indicator Table - 18/03/2021

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

EURUSD Indicator / Period Table - 18/03/2021

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

EURUSD 18/03/2021 - Reference Price : 1.1926

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