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 03/09/2021

Fundamental analysis

03 September, 2021

The Euro inched lower on Friday. It is currently 1.18695. Germany’s Services PMI for August printed at 60.8, below analysts’ forecast of 61.5. Retail Sales for July in the Eurozone increased 3.1%, Year-over-Year, and fell 2.3%, Month-over-Month. The consensus forecasts were 4.8% and 0.1% respectively. The United States will report Nonfarm Payroll Change for August, its August Unemployment Rate, and its ISM Services PMI for August later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 03/09/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 03/09/2021

Support & Resistance Level Explanation
Resistance 2 1.1905 Daily R2
Resistance 1 1.1890 Daily R1
Support 1 1.1850 Daily S1
Support 2 1.1835 Daily S2

EURUSD Indicator Table - 03/09/2021

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

EURUSD Indicator / Period Table - 03/09/2021

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

EURUSD 03/09/2021 - Reference Price : 1.1870

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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