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 03/10/2022

Fundamental analysis

03 October, 2022

The Euro dollar was sharply higher in the Asian session. It is trading at 0.9810 against the USD. The Eurozone reported CPI Year-on-Year for September at 10.0%. German Unemployment Change for September printed 14k. France reported its Month-on-Month CPI at -0.5%. Italian CPI printed 0.3%. German Manufacturing PMI for September is set to print later today, along with Eurozone Manufacturing PMI. Spanish, Italian and French Manufacturing PMIs for September will also be reported. The United States reported Core PCE Price Index Month-on-Month for August at 0.6% vs 0.5% expected. The Michigan Consumer Sentiment for September printed 58.6 vs 59.5 expected. The Chicago PMI for September was reported at 45.7. The consensus was 51.8. ISM Manufacturing PMI for September will also be reported.

Technical analysis

Euro - Dollar Analysis Technical analysis 03/10/2022
Time Frame: 1 hour

EURUSD Support & Resistance Table - 03/10/2022

Support & Resistance Level Explanation
Resistance 2 0.9909 Daily R2
Resistance 1 0.9861 Daily R1
Support 1 0.9734 Daily S1
Support 2 0.9686 Daily S2

EURUSD Indicator Table - 03/10/2022

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

EURUSD Indicator / Period Table - 03/10/2022

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

EURUSD 03/10/2022 - Reference Price : 0.9817

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