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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 27/04/2022

Fundamental analysis

27 April, 2022

During most of European trade, the euro weakened sharply against the dollar. Russia has suspended the export of natural gas to Poland and Bulgaria because the two countries have not fulfilled their obligations in rubles. The EU also continues to worsen overall relations with Russia in the long run - economically, politically and diplomatically. New moves in that direction are possible this week, so the euro remains under long-term pressure. Hawkish positions of the creators of monetary policy in the United States, on the need for a rapid and decisive increase in interest rates, give strength to the US dollar. At around 13:00, the euro was exchanged for 1.0602 dollars, which is a weakening of the common European currency by 0.33% since the close of trading on Friday.

Technical analysis

Euro - Dollar Analysis Technical analysis 27/04/2022
Time Frame: 1 hour

EURUSD Support & Resistance Table - 27/04/2022

Support & Resistance Level Explanation
Resistance 2 1.0677 Daily R2
Resistance 1 1.0648 Daily R1
Support 1 1.0568 Daily S1
Support 2 1.0539 Daily S2

EURUSD Indicator Table - 27/04/2022

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

EURUSD Indicator / Period Table - 27/04/2022

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

EURUSD 27/04/2022 - Reference Price : 1.0608

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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Euro - US Dollar Chart
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