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 19/11/2024

Fundamental analysis

19 November, 2024

In European trading, the euro rose against the US Dollar, trading above the 1.0500 mark.

The EUR/USD is gaining ground in today’s trade following a sharp dip in this morning's trade caused by the deepening political crisis in Germany (the Government will soon hold a vote of no-confidence and new parliamentary elections are expected at the start of 2025). In Europe, CPI Inflation figures for October were released and the results were as expected (2% expected and realised) . In the United States, Housing Starts (1.340 mln exp) and Building Permits data (1.440 mln exp) for October will be released (13:30 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 19/11/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 19/11/2024

Support & Resistance Level Explanation
Resistance 2 1.0619 Daily R2
Resistance 1 1.0595 Daily R1
Support 1 1.0529 Daily S1
Support 2 1.0505 Daily S2

EURUSD Indicator Table - 19/11/2024

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

EURUSD Indicator / Period Table - 19/11/2024

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

EURUSD 19/11/2024 - Reference Price : 1.0562

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