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. 70.41% 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

EU Session Analysis for CFD Instruments 12/01/2021

Fundamental analysis

12 January, 2021

The Euro edged higher to 1.2142 during the Asian session on Monday. The Euro slid lower on Monday as the Greenback found its bottom for now. There was no economic news out of the continent. In the United States, the Conference Board Employment Trends for December printed at 99.01, slightly lower than November’s print of 99.05.

Technical analysis

Euro - Dollar Analysis Technical analysis 12/01/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 12/01/2021

Support & Resistance Level Explanation
Resistance 2 1.2207 Daily R2
Resistance 1 1.2183 Daily R1
Support 1 1.2119 Daily S1
Support 2 1.2095 Daily S2

EURUSD Indicator Table - 12/01/2021

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

EURUSD Indicator / Period Table - 12/01/2021

Indicator / Period Day - SellWeek - BuyMonth - Buy
MACD( 12;26;9) Sell BuyBuy
RSI (14) Buy BuyBuy
SMA 20 Sell BuyBuy

EURUSD 12/01/2021 - Reference Price : 1.2156

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