The Eurodollar currency pair edged upwards to 1.2172 during the Asian session this morning. The Euro climbed higher on Monday. The German Ifo Business Climate for February printed at 92.4. In the United States, the Dallas Fed Manufacturing Business index for February printed at 17.2. That was an improvement over January’s figure of 7.0. The U.S. Leading Index for January was reported to be 0.5%, Month-over-Month, as expected.
Euro - Dollar Analysis
EU Session Analysis for CFD Instruments 23/02/2021
Technical analysis
Time Frame: 1 hour
EURUSD Support & Resistance Table - 23/02/2021
Support & Resistance | Level | Explanation |
Resistance 2 | 1.2215 | Daily R2 |
Resistance 1 | 1.2194 | Daily R1 |
Support 1 | 1.2136 | Daily S1 |
Support 2 | 1.2115 | Daily S2 |
EURUSD Indicator Table - 23/02/2021
Indicator | Signal |
SMA 20 | Buy |
SMA 50 | Buy |
SMA 100 | Buy |
MACD( 12;26;9) | Buy |
RSI (14) | Neutral |
Stochastic ( 9;6;3) | Sell |
EURUSD Indicator / Period Table - 23/02/2021
Indicator / Period | Day - Buy | Week - Buy | Month - Buy |
MACD( 12;26;9) | Buy | Buy | Buy |
RSI (14) | Neutral | Buy | Buy |
SMA 20 | Buy | Buy | Buy |
EURUSD 23/02/2021 - Reference Price : 1.2165
Buy |
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