CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. 67.52% 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 27/08/2024

Fundamental analysis

27 August, 2024

In European trading, the euro edged higher against the US Dollar, trading above the 1.1000 mark.

In the Eurozone German GDP data was in line with expectations this morning. In the United States CB Consumer Confidence data will be posted this afternoon.

Technical analysis

Euro - Dollar Analysis Technical analysis 27/08/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 27/08/2024

Support & Resistance Level Explanation
Resistance 2 1.1216 Daily R2
Resistance 1 1.1195 Daily R1
Support 1 1.1139 Daily S1
Support 2 1.1118 Daily S2

EURUSD Indicator Table - 27/08/2024

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

EURUSD Indicator / Period Table - 27/08/2024

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

EURUSD 27/08/2024 - Reference Price : 1.1166

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