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 18/10/2024

Fundamental analysis

18 October, 2024

In European trading, the euro increased against the US Dollar, trading above the 1.0900 mark.

In the European session the EUR/USD recovered mildly on Friday after posting a fresh 10-week low on Thursday. In the Eurozone, Construction output data for September came in at 0.1%. In the United States, Building Permits data for September (1.45 mln exp) will be posted (13:30) and Fed Members Bostic and Kashkari will speak (14:30 and 15:00 respectively).

Technical analysis

Euro - Dollar Analysis Technical analysis 18/10/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 18/10/2024

Support & Resistance Level Explanation
Resistance 2 1.0872 Daily R2
Resistance 1 1.0859 Daily R1
Support 1 1.0823 Daily S1
Support 2 1.0810 Daily S2

EURUSD Indicator Table - 18/10/2024

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

EURUSD Indicator / Period Table - 18/10/2024

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

EURUSD 18/10/2024 - Reference Price : 1.0841

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