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 06/01/2025

Fundamental analysis

06 January, 2025

In European trading, the euro rose against the US Dollar, trading above the 1.0340 mark.

The Euro has been recovering since this morning’s session following some profit taking and better than expected economic data from Germany. In Europe German CPI Inflation data for December (2.2% last month) will be posted (09:30 GMT) In the US, S&P Global Services PMI for December (58.5 exp) will be released (14:45 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 06/01/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 06/01/2025

Support & Resistance Level Explanation
Resistance 2 1.0381 Daily R2
Resistance 1 1.0359 Daily R1
Support 1 1.0301 Daily S1
Support 2 1.0279 Daily S2

EURUSD Indicator Table - 06/01/2025

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

EURUSD Indicator / Period Table - 06/01/2025

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

EURUSD 06/01/2025 - Reference Price : 1.0343

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