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. 70.91% 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 03/01/2025

Fundamental analysis

03 January, 2025

In Asian trading, the euro slightly increased against the US Dollar, trading above the 1.0250 mark.

The EUR/USD attempted to bounce in the Asian session after falling to a three year low yesterday as traders weigh expectations of multiple rate cuts from the ECB against two potential rate cuts from the Fed this year. In Europe German Unemployment Rate for December (5.2% expected) will be posted (08:55 GMT) In the US, ISM Manufacturing PMI for December (48.3 exp) and ISM Manufacturing Prices for December (52.0 exp) will be released (13:30 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 03/01/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 03/01/2025

Support & Resistance Level Explanation
Resistance 2 1.0322 Daily R2
Resistance 1 1.0301 Daily R1
Support 1 1.0244 Daily S1
Support 2 1.0222 Daily S2

EURUSD Indicator Table - 03/01/2025

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

EURUSD Indicator / Period Table - 03/01/2025

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

EURUSD 03/01/2025 - Reference Price : 1.0272

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