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 29/10/2021

Fundamental analysis

29 October, 2021

The Euro traded dropped on Friday after Thursday’s sharp run-up. It is currently 1.16512. France’s 3rd Quarter GDP rose 3.0%, Quarter-over-Quarter. The consensus forecast was 1.2%. Germany’s 3rd Quarter GDP fell short climbing only 1.8%, Quarter-over-Quarter. Analysts had expected an increase of 2.2%. The Eurozone CPI for October was up 34.1%, Year-over-Year, higher than the estimated 3.7%. The United States will report its PCE Price Index for September and Personal Spending for September later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 29/10/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 29/10/2021

Support & Resistance Level Explanation
Resistance 2 1.16941 Daily R2
Resistance 1 1.16761 Daily R1
Support 1 1.16279 Daily S1
Support 2 1.16099 Daily S2

EURUSD Indicator Table - 29/10/2021

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

EURUSD Indicator / Period Table - 29/10/2021

Indicator / Period Day - BuyWeek - BuyMonth - Sell
MACD( 12;26;9) Buy SellSell
RSI (14) Buy BuySell
SMA 20 Buy BuySell

EURUSD 29/10/2021 - Reference Price : 1.16520

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