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 06/12/2021

Fundamental analysis

06 December, 2021

The Euro moved down and back to unchanged on Monday. It is currently 1.12971. German Factory Orders for October fell 6.9%, Month-over-Month. The consensus forecast was a drop of only 0.5%. The Eurozone Sentix Investor Confidence Index for December printed at 13.5. Analysts were expecting 15.9. The United States will release its CB Employment Trends Index for November later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 06/12/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 06/12/2021

Support & Resistance Level Explanation
Resistance 2 1.1345 Daily R2
Resistance 1 1.1323 Daily R1
Support 1 1.1264 Daily S1
Support 2 1.1242 Daily S2

EURUSD Indicator Table - 06/12/2021

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

EURUSD Indicator / Period Table - 06/12/2021

Indicator / Period Day - SellWeek - SellMonth - Sell
MACD( 12;26;9) Neutral SellSell
RSI (14) Neutral SellSell
SMA 20 Sell SellSell

EURUSD 06/12/2021 - Reference Price : 1.1290

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