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 27/05/2022

Fundamental analysis

27 May, 2022

During most of European trade, the euro weakened against the dollar. The second reading of the US GDP yesterday showed a gloomier picture of the state of the US economy in the first quarter. In addition, the day before yesterday's notes from the last meeting of the Fed showed a slightly milder hawkish tone, which was reflected in a milder withdrawal of the US currency. Some members of the European Central Bank's board expressed dissatisfaction with the timeframe for raising interest rates set by ECB President Christine Lagarde the other day. That affected the withdrawal of the euro. On the other hand, an embargo on Russian oil imports could be imposed by the end of this month. At around 13:45, the euro was exchanged for 1.0715 dollars, which is a weakening of the common European currency by 0.15% since the beginning of trading last night.

Technical analysis

Euro - Dollar Analysis Technical analysis 27/05/2022
Time Frame: 1 hour

EURUSD Support & Resistance Table - 27/05/2022

Support & Resistance Level Explanation
Resistance 2 1.0774 Daily R2
Resistance 1 1.0747 Daily R1
Support 1 1.0676 Daily S1
Support 2 1.0648 Daily S2

EURUSD Indicator Table - 27/05/2022

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

EURUSD Indicator / Period Table - 27/05/2022

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

EURUSD 27/05/2022 - Reference Price : 1.0709

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
Share It With Your Network
Euro - US Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now