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 07/12/2021

Fundamental analysis

07 December, 2021

The Euro fell on Tuesday. It is currently 1.12598. Germany’s Industrial Production for October increased 2.8%, Month-over-Month. The consensus forecast was 0.8%. The German ZER Economic Sentiment for December came in aty 29.9, higher than the 25.1 analysts had predicted. Eurozone GDP for the 3rd Quarter rose 3.9%, Year-over-Year, and 2.2%, Quarter-over-Quarter. The estimates were 3.7% and 2.0%, respectively. The United States will post October trade figures later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 07/12/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 07/12/2021

Support & Resistance Level Explanation
Resistance 2 1.1314 Daily R2
Resistance 1 1.1292 Daily R1
Support 1 1.1233 Daily S1
Support 2 1.1211 Daily S2

EURUSD Indicator Table - 07/12/2021

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

EURUSD Indicator / Period Table - 07/12/2021

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

EURUSD 07/12/2021 - Reference Price : 1.1255

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