CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Euro - Dollar Analysis

EU Session Analysis for CFD Instruments 06/12/2021

Fundamental analysis

06 December, 2021

The Eurodollar currency pair fell to around 1.1286 levels during the Asian session this morning. The Euro fell on Friday. Eurozone Retail Sales for October rose 1.4%, Year-over-Year, and 0.2%, Month-over-Month. Germany’s Services PMI for November printed at 52.7. The Eurozone Services PMI for November came in at 55.9. In the United States, Nonfarm Payrolls Change for November printed at 210,000 new jobs, well below the consensus forecast of 550,000. The U.S. Unemployment Rate for November dropped to 4.2%, beating the analysts’ estimate of 4.5%.

Technical analysis

Euro - Dollar Analysis Technical analysis 06/12/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 06/12/2021

Support & Resistance Level Explanation
Resistance 2 1.1333 Daily R2
Resistance 1 1.1311 Daily R1
Support 1 1.1252 Daily S1
Support 2 1.1230 Daily S2

EURUSD Indicator Table - 06/12/2021

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

EURUSD Indicator / Period Table - 06/12/2021

Indicator / Period Day - SellWeek - SellMonth - Sell
MACD( 12;26;9) Neutral SellSell
RSI (14) Sell SellSell
SMA 20 Sell SellSell

EURUSD 06/12/2021 - Reference Price : 1.1280

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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