CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 03/08/2022

Fundamental analysis

03 August, 2022

The EUR/USD pair is lower. It is currently 1.0185. Eurozone Services PMI for July printed 51.2 vs 50.6 expected. Eurozone Retails Sales Month-on-Month for June printed -1.2% vs 0.1% expected. German Services PMI for July reported 49.7 vs 49.2 expected. German Trade Balance for June was $6.4b. The consensus was $0.2b. French Services PMI for July printed 53.2 vs 52.1. Italian Service PMI for July reported 48.4. The consensus was 50.1. The Spanish Services PMI was reported at 53.8 vs 52.0. The United States will report ISM Non-Manufacturing PMI for July later today. Services PMI for July will be printed later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 03/08/2022
Time Frame: 1 hour

EURUSD Support & Resistance Table - 03/08/2022

Support & Resistance Level Explanation
Resistance 2 1.0263 Daily R2
Resistance 1 1.0230 Daily R1
Support 1 1.0140 Daily S1
Support 2 1.0107 Daily S2

EURUSD Indicator Table - 03/08/2022

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

EURUSD Indicator / Period Table - 03/08/2022

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

EURUSD 03/08/2022 - Reference Price : 1.0190

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