The Eurodollar currency pair was broadly unchanged, moving to around 1.1594 levels during the Asian session this morning. The Euro put together a small rally on Friday. Germany’s Retail Sales for August rose 1.1%. Month-over-Month, and 0.4%, year-over-Year. Germany’s Manufacturing PMI for September came in at 58.4. Eurozone CPI rose 3.4%, Year-over-Year. In the United States, the Core PCE Price Index for August rose 0.3%, Month-over-Month. The consensus forecast was 0.2%. U.S. personal Spending for August was up 0.8%, Month-over-Month. Analysts had expected an increase of only 0.6%. The U.S. ISM Manufacturing PMI for September came in at 61.1, above the 59.6 that had been predicted.
Euro - Dollar Analysis
EU Session Analysis for CFD Instruments 04/10/2021
Technical analysis
Time Frame: 1 hour
EURUSD Support & Resistance Table - 04/10/2021
| Support & Resistance | Level | Explanation |
| Resistance 2 | 1.1633 | Daily R2 |
| Resistance 1 | 1.1617 | Daily R1 |
| Support 1 | 1.1574 | Daily S1 |
| Support 2 | 1.1558 | Daily S2 |
EURUSD Indicator Table - 04/10/2021
| Indicator | Signal |
| SMA 20 | Sell |
| SMA 50 | Sell |
| SMA 100 | Sell |
| MACD( 12;26;9) | Sell |
| RSI (14) | Buy |
| Stochastic ( 9;6;3) | Sell |
EURUSD Indicator / Period Table - 04/10/2021
| Indicator / Period | Day - Sell | Week - Sell | Month - Sell |
| MACD( 12;26;9) | Sell | Sell | Buy |
| RSI (14) | Buy | Sell | Neutral |
| SMA 20 | Sell | Sell | Sell |
EURUSD 04/10/2021 - Reference Price : 1.1597
| Sell |
|
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