CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. 70.88% 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 23/01/2026

Fundamental analysis

23 January, 2026

In European trading, the Euro increased against the US Dollar, trading above the 1.17000 mark.
The EUR/USD rose in the European session as stronger than expected German PMI data created positive pressure for the euro. In Europe, German Services PMI for January was released with data being higher than expected (53.3 realised vs 52.6 expected). In the US, S&P Global Services for January (52.9 exp) and S&P Global Manufacturing data for January (51.9 exp) will be released (14:45 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 23/01/2026
Time Frame: 1 hour

EURUSD Support & Resistance Table - 23/01/2026

Support & Resistance Level Explanation
Resistance 2 1.1784 Daily R2
Resistance 1 1.1761 Daily R1
Support 1 1.1699 Daily S1
Support 2 1.1676 Daily S2

EURUSD Indicator Table - 23/01/2026

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 - 23/01/2026

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

EURUSD 23/01/2026 - Reference Price : 1.1730

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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