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 19/03/2021

Fundamental analysis

19 March, 2021

The Euro tumbled sharply on Monday. It is currently 1.18986. Germany’s Health Minister warned that virus cases are rising, and there are an increasing number of mutations, and it is having an effect on Europe’s economic engine. In addition, vaccine rollout in Europe has been sub par. German PPI for February rose 1.9%, Year-over-Year, and 0.7%, Month-over-Month. The consensus forecasts were 2.0% and 0.7% respectively. There is no economic data expected from the United States today.

Technical analysis

Euro - Dollar Analysis Technical analysis 19/03/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 19/03/2021

Support & Resistance Level Explanation
Resistance 2 1.1957 Daily R2
Resistance 1 1.1933 Daily R1
Support 1 1.1871 Daily S1
Support 2 1.1848 Daily S2

EURUSD Indicator Table - 19/03/2021

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 - 19/03/2021

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

EURUSD 19/03/2021 - Reference Price : 1.1897

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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