The Euro moved sideways in a narrow channel on Friday. It is currently 1.15818. Germany’s Retail Sales for August rose 1.1%. Month-over-Month, and 0.4%, year-over-Year. The consensus forecasts were 1.5% and 1.9%, respectively. Germany’s Manufacturing PMI for September came in at 58.4, just under its estimate of 58.5. Eurozone CPI rose 3.4%, Year-over-Year. Analyst had predicted 3.3%. The United States will report Personal Spending for August, the PCE Price Index for August, and its ISM Manufacturing PMI for September, later today.
Euro - Dollar Analysis
US Session Analysis for CFD Instruments 01/10/2021
Technical analysis
Time Frame: 1 hour
EURUSD Support & Resistance Table - 01/10/2021
Support & Resistance | Level | Explanation |
Resistance 2 | 1.1622 | Daily R2 |
Resistance 1 | 1.1605 | Daily R1 |
Support 1 | 1.1562 | Daily S1 |
Support 2 | 1.1546 | Daily S2 |
EURUSD Indicator Table - 01/10/2021
Indicator | Signal |
SMA 20 | Sell |
SMA 50 | Sell |
SMA 100 | Sell |
MACD( 12;26;9) | Sell |
RSI (14) | Buy |
Stochastic ( 9;6;3) | Buy |
EURUSD Indicator / Period Table - 01/10/2021
Indicator / Period | Day - Sell | Week - Sell | Month - Sell |
MACD( 12;26;9) | Sell | Sell | Buy |
RSI (14) | Buy | Sell | Neutral |
SMA 20 | Sell | Sell | Sell |
EURUSD 01/10/2021 - Reference Price : 1.1598
Sell |
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