CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 19/07/2021

Fundamental analysis

19 July, 2021

The Eurodollar currency pair inched upwards on Monday,moving to around 1.1809 levels during the Asian session this morning. The Euro slipped slightly lower on Friday in choppy trading. Eurozone CPI for June rose 1.9%, Year-over-Year. In the United States, Retail Sales for June printed at 0.6%, Month-over-Month, and Core Retail Sales for June came in at 1.3%, Month-over-Month. The consensus forecasts were -0.4% and 0.4% respectively. The Michigan Consumer Sentiment for July was reported to be 80.8, well below the analysts’ estimate of 86.5.

Technical analysis

Euro - Dollar Analysis Technical analysis 19/07/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 19/07/2021

Support & Resistance Level Explanation
Resistance 2 1.1846 Daily R2
Resistance 1 1.1829 Daily R1
Support 1 1.1781 Daily S1
Support 2 1.1763 Daily S2

EURUSD Indicator Table - 19/07/2021

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

EURUSD Indicator / Period Table - 19/07/2021

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

EURUSD 19/07/2021 - Reference Price : 1.1802

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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Euro - US Dollar Chart
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