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 21/12/2022

Fundamental analysis

21 December, 2022

The EUR/USD pair edged lower and traded at 1.0614 this morning. German PPI Month-on-Month for November printed -3.9%. The consensus is -2.5%. Germany reported the Gfk Consumer Climate for January at -37.8. The consensus was -38.0. The United States reported Building Permits for November at 1.342m vs 1.485m expected. Housing Starts for November printed 1.427m. The consensus was 1.400m. Existing Home Sales for November will be reported later today along with CB Consumer Confidence for December.

Technical analysis

Euro - Dollar Analysis Technical analysis 21/12/2022
Time Frame: 1 hour

EURUSD Support & Resistance Table - 21/12/2022

Support & Resistance Level Explanation
Resistance 2 1.0679 Daily R2
Resistance 1 1.0651 Daily R1
Support 1 1.0577 Daily S1
Support 2 1.0555 Daily S2

EURUSD Indicator Table - 21/12/2022

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

EURUSD Indicator / Period Table - 21/12/2022

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

EURUSD 21/12/2022 - Reference Price : 1.0609

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