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 29/10/2024

Fundamental analysis

29 October, 2024

In Asian trading, the pair edged lower against the US Dollar, trading above the 1.0800 mark.

The EUR/USD was slightly lower giving up some of the gains made in yesterday’s session. In Europe, German Consumer Climate for November (-20.4 expected) will be posted (07:00 GMT). In the United States, CB Consumer Confidence for October (99.2 exp) and JOLTS Job Openings for September (7.920 mln exp) will be revealed (14:00 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 29/10/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 29/10/2024

Support & Resistance Level Explanation
Resistance 2 1.0842 Daily R2
Resistance 1 1.0827 Daily R1
Support 1 1.0789 Daily S1
Support 2 1.0774 Daily S2

EURUSD Indicator Table - 29/10/2024

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

EURUSD Indicator / Period Table - 29/10/2024

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

EURUSD 29/10/2024 - Reference Price : 1.0811

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