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 18/05/2021

Fundamental analysis

18 May, 2021

The Eurodollar currency pair traded slightly upwards to around 1.2166 levels during the Asian session this morning. The Euro finished higher on Monday after a day of choppy trading. Italy’s CPI for April rose 0.4%, Month-over-Month. In the United States, the NY Empire State Manufacturing Index for May printed at 24.30. The consensus forecast was 23.90.

Technical analysis

Euro - Dollar Analysis Technical analysis 18/05/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 18/05/2021

Support & Resistance Level Explanation
Resistance 2 1.2211 Daily R2
Resistance 1 1.2191 Daily R1
Support 1 1.2140 Daily S1
Support 2 1.2121 Daily S2

EURUSD Indicator Table - 18/05/2021

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 - 18/05/2021

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

EURUSD 18/05/2021 - Reference Price : 1.2165

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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