CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 13/03/2024

Fundamental analysis

13 March, 2024

During Asian trading, the euro was higher against the US Dollar and is trading below 1.0930 levels. The Eurozone will be releasing its Industrial Production figures later today with the expectation of -1.8%. The United States released key inflation data yesterday (CPI) which showed an increase of 3.2% vs the expected 3.1% level.

Technical analysis

Euro - Dollar Analysis Technical analysis 13/03/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 13/03/2024

Support & Resistance Level Explanation
Resistance 2 1.0968 Daily R2
Resistance 1 1.0951 Daily R1
Support 1 1.0903 Daily S1
Support 2 1.0886 Daily S2

EURUSD Indicator Table - 13/03/2024

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

EURUSD Indicator / Period Table - 13/03/2024

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

EURUSD 13/03/2024 - Reference Price : 1.0927

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