The Eurodollar currency pair increased, moving to around 1.1706 levels during the Asian session this morning. The Euro rose on Wednesday ahead of the U.S. Federal Reserve event. Italian Industrial Sales for July rose 0.90%, Month-over-Month, and climbed 19.10%, Year-over-Year. In the United States, Existing Home Sales for August came in at 5.88 million, down 2.0%, Month-over-Month, and just below the 5.89 million analysts had forecast.
Euro - Dollar Analysis
EU Session Analysis for CFD Instruments 23/09/2021
Technical analysis
Time Frame: 1 hour
EURUSD Support & Resistance Table - 23/09/2021
Support & Resistance | Level | Explanation |
Resistance 2 | 1.1750 | Daily R2 |
Resistance 1 | 1.1734 | Daily R1 |
Support 1 | 1.1689 | Daily S1 |
Support 2 | 1.1673 | Daily S2 |
EURUSD Indicator Table - 23/09/2021
Indicator | Signal |
SMA 20 | Sell |
SMA 50 | Sell |
SMA 100 | Sell |
MACD( 12;26;9) | Sell |
RSI (14) | Buy |
Stochastic ( 9;6;3) | Buy |
EURUSD Indicator / Period Table - 23/09/2021
Indicator / Period | Day - Sell | Week - Sell | Month - Buy |
MACD( 12;26;9) | Sell | Sell | Buy |
RSI (14) | Buy | Sell | Neutral |
SMA 20 | Sell | Sell | Buy |
EURUSD 23/09/2021 - Reference Price : 1.1710
Sell |
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