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 24/10/2024

Fundamental analysis

24 October, 2024

In European trading, the euro climbed against the US Dollar, trading below the 1.0800 mark.

The EUR/USD pair found fresh buying interest not far from a three-month low of 1.0760 in yesterday’s European session. In Europe, German Manufacturing and Services PMI for October was above expectations, 42.6 and 51.4 respectively. In the United States, Initial Jobless Claims figures (243k exp) will be revealed (13:30 GMT+1), Global Manufacturing and Services PMI data for October (47.5 and 55.0 respectively expected) will be posted (14:45 GMT+1) and New Homes Sales for September data will be released (15:00 GMT+1).

Technical analysis

Euro - Dollar Analysis Technical analysis 24/10/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 24/10/2024

Support & Resistance Level Explanation
Resistance 2 1.0836 Daily R2
Resistance 1 1.0820 Daily R1
Support 1 1.0780 Daily S1
Support 2 1.0764 Daily S2

EURUSD Indicator Table - 24/10/2024

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 - 24/10/2024

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

EURUSD 24/10/2024 - Reference Price : 1.0800

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