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 01/04/2021

Fundamental analysis

01 April, 2021

The Eurodollar currency pair edged lower, moving to around 1.1716 levels during the Asian session this morning. The Euro rallied off of its recent lows on Wednesday. German Unemployment Rate for March came in at 6.0%. Eurozone CPI for March printed at 1.3%. French Consumer Spending for February was sluggish printing at 0.0%, Month-over-Month. In the United States, Pending Home Sales for February fell 10.6%, Month-over-Month. The consensus forecast was a drop of 2.6%. ADP Nonfarm Employment Change for March printed at 517,000 new jobs. Analysts were expecting 550,000.

Technical analysis

Euro - Dollar Analysis Technical analysis 01/04/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 01/04/2021

Support & Resistance Level Explanation
Resistance 2 1.1754 Daily R2
Resistance 1 1.1739 Daily R1
Support 1 1.1699 Daily S1
Support 2 1.1684 Daily S2

EURUSD Indicator Table - 01/04/2021

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 - 01/04/2021

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

EURUSD 01/04/2021 - Reference Price : 1.1716

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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