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 08/05/2025

Fundamental analysis

08 May, 2025

In European trading, the euro decreased against the US Dollar, trading below the 1.1300 mark.
The EUR/USD currency retreated as the FED decided to keep their interest rates at 4.50% providing positive pressure for the US dollar, and as a major trade deal was announced by US president Donald Trump. In Europe, German Industrial Production for March came in with data higher than expected (3.0% realised vs 0.9% expected). In the US, Initial Jobless Claims data (231k exp) will be released (13:30 GMT+1).

Technical analysis

Euro - Dollar Analysis Technical analysis 08/05/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 08/05/2025

Support & Resistance Level Explanation
Resistance 2 1.1351 Daily R2
Resistance 1 1.1325 Daily R1
Support 1 1.1255 Daily S1
Support 2 1.1229 Daily S2

EURUSD Indicator Table - 08/05/2025

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

EURUSD Indicator / Period Table - 08/05/2025

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

EURUSD 08/05/2025 - Reference Price : 1.1283

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (0)Sell (1)
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Euro - US Dollar Chart
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