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 11/01/2022

Fundamental analysis

11 January, 2022

The Eurodollar currency pair climbed to around 1.1341 levels during the Asian session this morning. The Euro fell on Monday but finished above its lows of the day. Rising treasury yields in the United States hurt most major currencies against the Greenback. The Eurozone Unemployment Rate for November came in at 7.2%. Eurozone’s Sentix Investor Confidence for January printed at 14.9. Italy’s Unemployment Rate for November landed on 9.2%. In the United States, the CB Employment Trends Index for December printed at 116.63. Wholesale Inventories for November rose 1.4%, Month-over-Month. The consensus forecast was 1.2%.

Technical analysis

Euro - Dollar Analysis Technical analysis 11/01/2022
Time Frame: 1 hour

EURUSD Support & Resistance Table - 11/01/2022

Support & Resistance Level Explanation
Resistance 2 1.1378 Daily R2
Resistance 1 1.1395 Daily R1
Support 1 1.1309 Daily S1
Support 2 1.1290 Daily S2

EURUSD Indicator Table - 11/01/2022

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

EURUSD Indicator / Period Table - 11/01/2022

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

EURUSD 11/01/2022 - Reference Price : 1.1332

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