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. 70.41% 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 24/05/2023

Fundamental analysis

24 May, 2023

During Asian trading, the EUR/USD fell below the mark of 1.0800. The Euro’s volatility could be expected to rise during the European trading session as German Ifo Business Climate index for May. Later today in the US FOMC meeting minutes will be published at 18:00 GMT+1. The US Dollar steadied from recent gains as markets awaited fresh cues on monetary policy from the minutes of the Federal Reserve’s May meeting.

Technical analysis

Euro - Dollar Analysis Technical analysis 24/05/2023
Time Frame: 1 hour

EURUSD Support & Resistance Table - 24/05/2023

Support & Resistance Level Explanation
Resistance 2 1.0824 Daily R2
Resistance 1 1.0805 Daily R1
Support 1 1.0755 Daily S1
Support 2 1.0736 Daily S2

EURUSD Indicator Table - 24/05/2023

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

EURUSD Indicator / Period Table - 24/05/2023

Indicator / Period Day - SellWeek - SellMonth - Buy
MACD( 12;26;9) Sell BuySell
RSI (14) Neutral NeutralNeutral
SMA 20 Sell SellBuy

EURUSD 24/05/2023 - Reference Price : 1.0779

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (1)Sell (1)
Share It With Your Network
Euro - US Dollar Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now