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 23/01/2025

Fundamental analysis

23 January, 2025

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

The EUR/USD was slightly lower amid worries over potential US tariffs which may be placed on the Eurozone, according to President Trump. In Europe European Central Bank President Lagarge will speak (15:15 GMT). In the US, Initial Jobless Claims data (221k expected) will be posted (13:30 GMT) and President Trump will hold an online speech at the World Economic Forum (16:00 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 23/01/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 23/01/2025

Support & Resistance Level Explanation
Resistance 2 1.0467 Daily R2
Resistance 1 1.0441 Daily R1
Support 1 1.0373 Daily S1
Support 2 1.0347 Daily S2

EURUSD Indicator Table - 23/01/2025

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

EURUSD Indicator / Period Table - 23/01/2025

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

EURUSD 23/01/2025 - Reference Price : 1.0407

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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Euro - US Dollar Chart
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