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 22/08/2024

Fundamental analysis

22 August, 2024

In European trading, the euro traded lower against the US Dollar, trading above the 1.1000 mark.

In the Eurozone no economic data is due to be released today. In the United States Initial Jobless Claims, Manufacturing PMI, Global Services PMI and Existing Home Sales data will be revealed this afternoon.

Technical analysis

Euro - Dollar Analysis Technical analysis 22/08/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 22/08/2024

Support & Resistance Level Explanation
Resistance 2 1.1178 Daily R2
Resistance 1 1.1159 Daily R1
Support 1 1.1107 Daily S1
Support 2 1.1088 Daily S2

EURUSD Indicator Table - 22/08/2024

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

EURUSD Indicator / Period Table - 22/08/2024

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuySell
RSI (14) Neutral BuyNeutral
SMA 20 Buy BuyBuy

EURUSD 22/08/2024 - Reference Price : 1.1135

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