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. 70.91% 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 11/08/2023

Fundamental analysis

11 August, 2023

During Asian trading, the euro appreciated against the US dollar and is trading at 1.0989. French and Spanish CPI Year-on-Year for July are set to print later today. The United States will report PPI Month-on-Month for July later today. Michigan Consumer Sentiment and Consumer Expectations for July are set to report later today.

Technical analysis

Euro - Dollar Analysis Technical analysis 11/08/2023
Time Frame: 1 hour

EURUSD Support & Resistance Table - 11/08/2023

Support & Resistance Level Explanation
Resistance 2 1.1039 Daily R2
Resistance 1 1.1017 Daily R1
Support 1 1.0957 Daily S1
Support 2 1.0935 Daily S2

EURUSD Indicator Table - 11/08/2023

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 - 11/08/2023

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

EURUSD 11/08/2023 - Reference Price : 1.0989

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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