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 17/03/2022

Fundamental analysis

17 March, 2022

The Euro traded slightly higher on Thursday. It is currently trading at 1.1037. The Eurozone reported Year-on-Year CPI for February at 5.9% vs 5.8% expected. Monthly CPI for February was 0.9%. The consensus was 0.9%. The United States will print Initial Jobless Claims today. The Philadelphia Fed manufacturing index will also print today. Building permits for February will be reported today. Monthly Industrial Production for February will print later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 17/03/2022
Time Frame: 1 hour

EURUSD Support & Resistance Table - 17/03/2022

Support & Resistance Level Explanation
Resistance 2 1.1132 Daily R2
Resistance 1 1.1098 Daily R1
Support 1 1.1007 Daily S1
Support 2 1.0972 Daily S2

EURUSD Indicator Table - 17/03/2022

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

EURUSD Indicator / Period Table - 17/03/2022

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

EURUSD 17/03/2022 - Reference Price : 1.1049

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (0)
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Euro - US Dollar Chart
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