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 23/05/2025

Fundamental analysis

23 May, 2025

In European trading, the euro increased against the US Dollar, trading above the 1.1340 mark.
The EUR/USD rose as better than expected GDP growth data came out of Germany. In Europe, Q1 German GDP came out higher than expected (0.4% realised vs 0.2% expected). In the US, New Homes Sales data for April (694k exp) will be posted (15:00 GMT+1).

Technical analysis

Euro - Dollar Analysis Technical analysis 23/05/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 23/05/2025

Support & Resistance Level Explanation
Resistance 2 1.1412 Daily R2
Resistance 1 1.1385 Daily R1
Support 1 1.1315 Daily S1
Support 2 1.1288 Daily S2

EURUSD Indicator Table - 23/05/2025

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

EURUSD Indicator / Period Table - 23/05/2025

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

EURUSD 23/05/2025 - Reference Price : 1.1348

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