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

EU Session Analysis for CFD Instruments 19/04/2021

Fundamental analysis

19 April, 2021

The Eurodollar currency pair traded lower, moving to around 1.1960 levels during the Asian session this morning. The Euro made a steady climb higher on Friday. Eurozone CPI for March came in at 1.3%, Month-over-Month. In the United States, Building Permits for March printed at 1.766 million, rising 2.7%, Month-over-Month. The consensus forecast was for 1.750 million permits. The Michigan Consumer Sentiment for April was reported to be 86.5, below the analysts’ estimate of 89.6.

Technical analysis

Euro - Dollar Analysis Technical analysis 19/04/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 19/04/2021

Support & Resistance Level Explanation
Resistance 2 1.1996 Daily R2
Resistance 1 1.1982 Daily R1
Support 1 1.1943 Daily S1
Support 2 1.1928 Daily S2

EURUSD Indicator Table - 19/04/2021

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

EURUSD Indicator / Period Table - 19/04/2021

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

EURUSD 19/04/2021 - Reference Price : 1.1964

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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Euro - US Dollar Chart
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