CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. 70.41% 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 24/07/2025

Fundamental analysis

24 July, 2025

In European trading, the euro rose against the US Dollar, trading above the 1.1700 mark.
The EUR/USD traded upward in the European session, ahead of the ECB interest rate decision today which is creating positive pressure for the euro and as US President Donald Trump is set to visit the FED tonight, creating negative pressures on the US dollar. In the US, Initial Jobless Claims data (227k exp) will be released (13:30 GMT+1), Manufacturing PMI (52.7 exp) and Services PMI (53.0 exp) data for July will be released (14:45 GMT+1).

Technical analysis

Euro - Dollar Analysis Technical analysis 24/07/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 24/07/2025

Support & Resistance Level Explanation
Resistance 2 1.1801 Daily R2
Resistance 1 1.1777 Daily R1
Support 1 1.1715 Daily S1
Support 2 1.1691 Daily S2

EURUSD Indicator Table - 24/07/2025

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

EURUSD Indicator / Period Table - 24/07/2025

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

EURUSD 24/07/2025 - Reference Price : 1.1749

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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Euro - US Dollar Chart
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