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 07/06/2021

Fundamental analysis

07 June, 2021

The Eurodollar currency pair was slightly higher at around 1.2168 levels during the Asian session this morning. The Euro climbed vertically on Friday as the Greenback tanked after lower than expected Nonfarm Payroll numbers in the United States. Germany’s Construction PMI for May came in at 44.5. Eurozone Retail Sales for April rose 23.9%, Year-over-Year, and fell 3.1%, Month-over-Month. In the United States, Nonfarm Payrolls for May were 559,000. The consensus forecast was for 650,000 new jobs. The U.S Unemployment Rate for May fell to 5.8%, a tenth better than expected.

Technical analysis

Euro - Dollar Analysis Technical analysis 07/06/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 07/06/2021

Support & Resistance Level Explanation
Resistance 2 1.22091 Daily R2
Resistance 1 1.21891 Daily R1
Support 1 1.21357 Daily S1
Support 2 1.21157 Daily S2

EURUSD Indicator Table - 07/06/2021

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

EURUSD Indicator / Period Table - 07/06/2021

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

EURUSD 07/06/2021 - Reference Price : 1.21624

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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