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

EU Session Analysis for CFD Instruments 19/01/2023

Fundamental analysis

19 January, 2023

The EUR/USD pair climbed and traded at 1.0799 this morning. ZEW Economic Sentiment in the Eurozone jumped from -23.6 to 16.9 in January while CPI in Germany fell from 10.0% to 8.6% as expected in December. Today the Eurozone's inflation numbers for December will be out. The US dollar remains under pressure as the Fed approaches the end of its rate hike cycle as inflation in the US heads lower. PPI report for December will be published in the afternoon hours.

Technical analysis

Euro - Dollar Analysis Technical analysis 19/01/2023
Time Frame: 1 hour

EURUSD Support & Resistance Table - 19/01/2023

Support & Resistance Level Explanation
Resistance 2 1.0872 Daily R2
Resistance 1 1.0841 Daily R1
Support 1 1.0759 Daily S1
Support 2 1.0728 Daily S2

EURUSD Indicator Table - 19/01/2023

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

EURUSD Indicator / Period Table - 19/01/2023

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

EURUSD 19/01/2023 - Reference Price : 1.0789

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