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 17/11/2022

Fundamental analysis

17 November, 2022

The EUR/USD pair declined and traded at 1.0377 this morning. The Eurozone will have a second reading of the Year-on-Year CPI for October later today. The United States Retail Sales Month-on-Month for October printed 1.3% vs 1.0% expected, while Core Retail Sales Month-on-Month for October printed 1.3% vs 0.4% expected. Initial Jobless Claims and The Philadelphia Fed Manufacturing Index for November will be reported later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 17/11/2022
Time Frame: 1 hour

EURUSD Support & Resistance Table - 17/11/2022

Support & Resistance Level Explanation
Resistance 2 1.0513 Daily R2
Resistance 1 1.0460 Daily R1
Support 1 1.0319 Daily S1
Support 2 1.0266 Daily S2

EURUSD Indicator Table - 17/11/2022

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

EURUSD Indicator / Period Table - 17/11/2022

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

EURUSD 17/11/2022 - Reference Price : 1.0390

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