CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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

EU Session Analysis for CFD Instruments 07/04/2021

Fundamental analysis

07 April, 2021

The Eurodollar currency pair inched lower, moving to around 1.1872 levels during the Asian session this morning. The Euro rose on Tuesday as the Greenback tumbled. Italian Unemployment Rate for February came in at 10.2%. The Eurozone Unemployment Rate for February printed at 8.3%. In the United States, the JOLTS Job Openings for February printed at 7.367 million openings. The consensus forecast was for 6.995 million openings.

Technical analysis

Euro - Dollar Analysis Technical analysis 07/04/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 07/04/2021

Support & Resistance Level Explanation
Resistance 2 1.1918 Daily R2
Resistance 1 1.1898 Daily R1
Support 1 1.1846 Daily S1
Support 2 1.1826 Daily S2

EURUSD Indicator Table - 07/04/2021

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

EURUSD Indicator / Period Table - 07/04/2021

Indicator / Period Day - BuyWeek - SellMonth - Buy
MACD( 12;26;9) Buy BuyBuy
RSI (14) Neutral NeutralBuy
SMA 20 Buy SellBuy

EURUSD 07/04/2021 - Reference Price : 1.1873

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