CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. 67.52% 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 12/01/2022

Fundamental analysis

12 January, 2022

The Eurodollar currency pair increased to around 1.1374 levels during the Asian session this morning. The Euro rallied sharply in the late afternoon on Tuesday as the Greenback tumbled against most major currencies. Italy’s Retail Sales for November rose 12.5%, Year-over-Year, but fell 0.4%, Month-over-Month. In the United States, U.S. Federal Reserve chairman Jerome Powell testified at his confirmation hearing in the U.S. Senate.

Technical analysis

Euro - Dollar Analysis Technical analysis 12/01/2022
Time Frame: 1 hour

EURUSD Support & Resistance Table - 12/01/2022

Support & Resistance Level Explanation
Resistance 2 1.1419 Daily R2
Resistance 1 1.1400 Daily R1
Support 1 1.1348 Daily S1
Support 2 1.1328 Daily S2

EURUSD Indicator Table - 12/01/2022

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

EURUSD Indicator / Period Table - 12/01/2022

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

EURUSD 12/01/2022 - Reference Price : 1.1368

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