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

US Session Analysis for CFD Instruments 31/01/2023

Fundamental analysis

31 January, 2023

The EUR/USD pair is lower today. It is currently 1.0821. French GDP Quarter-on-Quarter for Q4 printed 0.1% vs 0.1% expected. French CPI Month-on-Month for January printed 0.4% vs 0.5% expected. Eurozone GDP Year-on-Year printed 1.9% vs 2.2% expected. Quarter-on-Quarter GDP was reported at 0.1%. The consensus was -0.1%. German Unemployment Change for January reported -15K vs 5K expected. German CPI Year-on-Year for January will print later today. The United States will report CB Consumer Confidence for January later today. The Chicago PMI for January will also be reported.

Technical analysis

Euro - Dollar Analysis Technical analysis 31/01/2023
Time Frame: 1 hour

EURUSD Support & Resistance Table - 31/01/2023

Support & Resistance Level Explanation
Resistance 2 1.0882 Daily R2
Resistance 1 1.0861 Daily R1
Support 1 1.0806 Daily S1
Support 2 1.0785 Daily S2

EURUSD Indicator Table - 31/01/2023

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

EURUSD Indicator / Period Table - 31/01/2023

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

EURUSD 31/01/2023 - Reference Price : 1.0834

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