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 23/12/2024

Fundamental analysis

23 December, 2024

In Asian trading, the euro was higher against the US Dollar, trading above the 1.0400 mark.

The EUR/USD inched higher to a five day peak after data late last week from the US suggested that some inflationary pressures may be easing. In Europe, Eurozone Consumer Confidence data for December (-14 expected) will be posted (15:00 GMT). In the US, CB Consumer Confidence for December (113% exp) will be released (15:00 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 23/12/2024
Time Frame: 1 hour

EURUSD Support & Resistance Table - 23/12/2024

Support & Resistance Level Explanation
Resistance 2 1.0499 Daily R2
Resistance 1 1.0472 Daily R1
Support 1 1.0400 Daily S1
Support 2 1.0373 Daily S2

EURUSD Indicator Table - 23/12/2024

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

EURUSD Indicator / Period Table - 23/12/2024

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

EURUSD 23/12/2024 - Reference Price : 1.0436

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