CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 07/03/2022

Fundamental analysis

07 March, 2022

The Eurodollar currency pair fell this morning to 1.0873. The Euro fell on Friday. Eurozone Monthly Retail Sales printed 0.2%. German Trade Balance for January came in at 9.4b. The United States reported February NFP at 678k. The consensus was 400k. The Unemployment Rate for February printed 3.8% vs 3.9% expected.

Technical analysis

Euro - Dollar Analysis Technical analysis 07/03/2022
Time Frame: 1 hour

EURUSD Support & Resistance Table - 07/03/2022

Support & Resistance Level Explanation
Resistance 2 1.0955 Daily R2
Resistance 1 1.0919 Daily R1
Support 1 1.0823 Daily S1
Support 2 1.0788 Daily S2

EURUSD Indicator Table - 07/03/2022

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 - 07/03/2022

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

EURUSD 07/03/2022 - Reference Price : 1.0872

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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