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. 70.41% 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 20/12/2021

Fundamental analysis

20 December, 2021

The Eurodollar currency pair edged upwards to around 1.1250 levels during the Asian session this morning. The Euro tumbled in the late European trading day on Friday. Germany’s PPI for November rose 0.8%, Month-over-Month, and climbed 19.2%, Year-over-Year. The German Ifo Business Climate Index for December printed at 96.9. Eurozone CPI for November came in at 4.9%, The United States’ economic calendar was empty.

Technical analysis

Euro - Dollar Analysis Technical analysis 20/12/2021
Time Frame: 1 hour

EURUSD Support & Resistance Table - 20/12/2021

Support & Resistance Level Explanation
Resistance 2 1.1308 Daily R2
Resistance 1 1.1284 Daily R1
Support 1 1.1222 Daily S1
Support 2 1.1198 Daily S2

EURUSD Indicator Table - 20/12/2021

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 - 20/12/2021

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

EURUSD 20/12/2021 - Reference Price : 1.1253

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