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 29/09/2021

Fundamental analysis

29 September, 2021

The Eurodollar currency pair inched higher, moving to around 1.1684 levels during the Asian session this morning. The Euro fell on Tuesday due to a stronger Greenback and cross-currency arbitrage with a plunging British Pound. Germany’s Consumer Climate printed at 0.3. French Consumer Confidence for September came in at 102. In the United States, the CB Consumer Confidence for September landed on 109.3, well below its forecast of 114.5. The Case-Shiller Composite-20 Home Price Index for July rose 1.5%, Month-over-Month, and climbed 19.9%, Year-over-Year. The consensus forecasts were 1.7% and 20.0%, respectively.

Technical analysis

Euro - Dollar Analysis Technical analysis 29/09/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 29/09/2021

Support & Resistance Level Explanation
Resistance 2 1.1722 Daily R2
Resistance 1 1.1706 Daily R1
Support 1 1.1665 Daily S1
Support 2 1.1649 Daily S2

EURUSD Indicator Table - 29/09/2021

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

EURUSD Indicator / Period Table - 29/09/2021

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

EURUSD 29/09/2021 - Reference Price : 1.1682

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