CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Euro - Dollar Analysis

US Session Analysis for CFD Instruments 08/05/2024

Fundamental analysis

08 May, 2024

In European trading, the euro was slightly lower against the US Dollar, trading below the 1.0750 mark.

The Eurozone is not expected to release any major data today. In the United States, no significant data is expected for release.

Technical analysis

Euro - Dollar Analysis Technical analysis 08/05/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 08/05/2024

Support & Resistance Level Explanation
Resistance 2 1.0792 Daily R2
Resistance 1 1.0774 Daily R1
Support 1 1.0726 Daily S1
Support 2 1.0707 Daily S2

EURUSD Indicator Table - 08/05/2024

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

EURUSD Indicator / Period Table - 08/05/2024

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

EURUSD 08/05/2024 - Reference Price : 1.0751

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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