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 05/01/2022

Fundamental analysis

05 January, 2022

The Euro rebounded higher on Wednesday. It is currently 1.13162. France’s Consumer Confidence for December printed at 100, higher than the 97 that analysts had predicted. Germany’s Services PMI for December came in at 48.7. The consensus forecast was 48.4. Italy’s CPI for December rose 3.9%, Year-over-Year, as expected. The United States will report ADP Nonfarm Payroll Change for December later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 05/01/2022
Time Frame: 1 hour

EURUSD Support & Resistance Table - 05/01/2022

Support & Resistance Level Explanation
Resistance 2 1.1370 Daily R2
Resistance 1 1.1347 Daily R1
Support 1 1.1285 Daily S1
Support 2 1.1262 Daily S2

EURUSD Indicator Table - 05/01/2022

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

EURUSD Indicator / Period Table - 05/01/2022

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

EURUSD 05/01/2022 - Reference Price : 1.1320

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