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 07/07/2021

Fundamental analysis

07 July, 2021

The Euro traded sideways on Wednesday In a choppy fashion. It is currently 1.18184. German Industrial Production for May fell 0.3%, Month-over-Month. The consensus forecast was 0.5%. Italian Retail Sales for May rose 0.2%, Month-over-Month, and climbed 13.3%, year-over-Year. The United States will release its JOLTs Job Openings report for May later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 07/07/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 07/07/2021

Support & Resistance Level Explanation
Resistance 2 1.1860 Daily R2
Resistance 1 1.1842 Daily R1
Support 1 1.1795 Daily S1
Support 2 1.1777 Daily S2

EURUSD Indicator Table - 07/07/2021

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

EURUSD Indicator / Period Table - 07/07/2021

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

EURUSD 07/07/2021 - Reference Price : 1.1821

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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