CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 22/01/2025

Fundamental analysis

22 January, 2025

In Asian trading, the euro declined against the US Dollar, trading below the 1.0500 mark.

The EUR/USD drifted lower during the Asian session ahead of an expected interest rate cut by the European Central Bank on February 1st and the spectre of potential tariffs upon the EU was raised by President Trump. In Europe European Central Bank President Lagarge will speak (15:15 GMT). In the US, Leading Index data for December (-0.1% expected) will be posted (15:00 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 22/01/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 22/01/2025

Support & Resistance Level Explanation
Resistance 2 1.0467 Daily R2
Resistance 1 1.0439 Daily R1
Support 1 1.0365 Daily S1
Support 2 1.0337 Daily S2

EURUSD Indicator Table - 22/01/2025

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 - 22/01/2025

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

EURUSD 22/01/2025 - Reference Price : 1.0402

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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