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 10/05/2021

Fundamental analysis

10 May, 2021

The Eurodollar currency pair inched lower to around 1.2156 levels during the Asian session this morning. The Euro moved sharply higher against the Greenback like most major currencies on Friday. German Industrial Production for March rose 2.5%, Month-over-Month. French Industrial Production for March missed coming in at 0.8%, Month-over-Month. In the United States, the Nonfarm Payroll missed their estimates by a large amount, printing at 266,000 new jobs for April. The consensus forecast called for 978,000 new jobs. The Unemployment Rate for April increased to 6.1%. Analysts had forecast a drop to 5.8%.

Technical analysis

Euro - Dollar Analysis Technical analysis 10/05/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 10/05/2021

Support & Resistance Level Explanation
Resistance 2 1.2206 Daily R2
Resistance 1 1.2184 Daily R1
Support 1 1.2127 Daily S1
Support 2 1.2105 Daily S2

EURUSD Indicator Table - 10/05/2021

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 - 10/05/2021

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

EURUSD 10/05/2021 - Reference Price : 1.2152

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (1)
Share It With Your Network
Euro - US Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now