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 21/01/2022

Fundamental analysis

21 January, 2022

The Eurodollar currency pair increased to around 1.1324 levels during the Asian session this morning. The Euro drifted lower on Thursday. Germany’s PPI for December rose 5.0%, Month-over-Month, and 24.2%, Year-over-Year. The Eurozone’s CPI for December was up 5.0%. In the United States, Initial Jobless Claims for the past week printed at 286,000. The consensus forecast was 220,000. The Philadelphia Fed Manufacturing Index for January came in at 23.2. Analysts had predicted only 20.0. Existing Home Sales for December fell 4.6%, Month-over-Month.

Technical analysis

Euro - Dollar Analysis Technical analysis 21/01/2022
Time Frame: 1 hour

EURUSD Support & Resistance Table - 21/01/2022

Support & Resistance Level Explanation
Resistance 2 1.1374 Daily R2
Resistance 1 1.1354 Daily R1
Support 1 1.1300 Daily S1
Support 2 1.1280 Daily S2

EURUSD Indicator Table - 21/01/2022

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

EURUSD Indicator / Period Table - 21/01/2022

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

EURUSD 21/01/2022 - Reference Price : 1.1328

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