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 11/05/2021

Fundamental analysis

11 May, 2021

The Eurodollar currency pair traded upwards to around 1.2142 levels during the Asian session this morning. The Euro traded sideways on Monday. The Eurozone Sentix Investor Confidence Index for May printed at 21.0. In the United States, the Conference Board Employment Trends Index for April came in at 105.40, higher than March’s figure of 102.70.

Technical analysis

Euro - Dollar Analysis Technical analysis 11/05/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 11/05/2021

Support & Resistance Level Explanation
Resistance 2 1.2193 Daily R2
Resistance 1 1.2172 Daily R1
Support 1 1.2116 Daily S1
Support 2 1.2096 Daily S2

EURUSD Indicator Table - 11/05/2021

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

EURUSD Indicator / Period Table - 11/05/2021

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

EURUSD 11/05/2021 - Reference Price : 1.2141

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