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 06/03/2024

Fundamental analysis

06 March, 2024

During Asian trading, the euro was broadly unchanged against the US Dollar and is trading at 1.0855. In Europe no economic data will be released today. In the United States this afternoon Fed Chair Powell will testify to Congress , while ADP Nonfarm Employment data and Jolt Job Openings data will be released.

Technical analysis

Euro - Dollar Analysis Technical analysis 06/03/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 06/03/2024

Support & Resistance Level Explanation
Resistance 2 1.0889 Daily R2
Resistance 1 1.0875 Daily R1
Support 1 1.0841 Daily S1
Support 2 1.0827 Daily S2

EURUSD Indicator Table - 06/03/2024

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

EURUSD Indicator / Period Table - 06/03/2024

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

EURUSD 06/03/2024 - Reference Price : 1.0858

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