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 27/08/2021

Fundamental analysis

27 August, 2021

The Euro bounced sideways on Friday. It is currently 1.17557. Germany’s Import Price Index for July rose 2.2%, Month-over-Month, and climbed 15.0%, Year-over-Year. The consensus forecasts were 0.8% and 13.6% respectively. U.S. Federal Reserve Chairman Jerome Powell is scheduled to speak at the Jackson Hole Economic Symposium this afternoon. The United States will post Personal Spending for July and its Michigan Consumer Sentiment Index for August later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 27/08/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 27/08/2021

Support & Resistance Level Explanation
Resistance 2 1.1786 Daily R2
Resistance 1 1.1773 Daily R1
Support 1 1.1738 Daily S1
Support 2 1.1725 Daily S2

EURUSD Indicator Table - 27/08/2021

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

EURUSD Indicator / Period Table - 27/08/2021

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

EURUSD 27/08/2021 - Reference Price : 1.1758

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