Euro - Dollar Analysis

US Session Analysis for CFD Instruments 29/01/2025

Fundamental analysis

29 January, 2025

In European trading, the euro fell against the US Dollar, trading below the 1.0410 mark.

The currency pair has been on a downward trend in the past couple of days ahead of the ECB's interest rate decision tomorrow, and Donald Trump’s tariffs decision on February 1st. In Europe, GfK German Consumer Climate data for February has been published showing worse than expected results (-22.4 realised vs -20.5 expected). President Lagarde will speak (17:00 GMT). In the US, the Fed Interest Rate Decision (unchanged: 4.50% exp) and Press Conference will take place (19:00 and 19:30 GMT respectively).

Technical analysis

Time Frame: 1 hour

EURUSD Support & Resistance Table - 29/01/2025

Support & Resistance	Level	Explanation
Resistance 2	1.0455	Daily R2
Resistance 1	1.0432	Daily R1
Support 1	1.0372	Daily S1
Support 2	1.0349	Daily S2

EURUSD Indicator Table - 29/01/2025

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

EURUSD Indicator / Period Table - 29/01/2025

Indicator / Period	Day - Sell	Week - Sell	Month - Sell
MACD( 12;26;9)	Buy	Sell	Sell
RSI (14)	Sell	Sell	Sell
SMA 20	Sell	Sell	Sell

EURUSD 29/01/2025 - Reference Price : 1.0405

Sell

Simple Moving Average	Buy (1)	Sell (2)
Technical Indicators - Oscillators	Buy (1)	Sell (2)

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