CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 12/05/2021

Fundamental analysis

12 May, 2021

The Euro drifted sideways on Wednesday. It is currently 1.21324. German CPI for April came in at 0.7%, Month-over-Month, as expected. Eurozone Industrial Production for March rose 10.9%, year-over-Year, and 0.1%, Month-over-Month. The consensus forecasts were 11.6% and 0.7% respectively. The United States will release CPI data for April later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 12/05/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 12/05/2021

Support & Resistance Level Explanation
Resistance 2 1.2179 Daily R2
Resistance 1 1.2158 Daily R1
Support 1 1.2100 Daily S1
Support 2 1.2082 Daily S2

EURUSD Indicator Table - 12/05/2021

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

EURUSD Indicator / Period Table - 12/05/2021

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

EURUSD 12/05/2021 - Reference Price : 1.2122

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (1)Sell (1)
Share It With Your Network
Euro - US Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now