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 30/01/2025

Fundamental analysis

30 January, 2025

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

The EUR/USD inched lower suggesting that today might see a fourth successive day of losses ahead of the ECB meeting in which the bank is expected to cut the deposit rate by 25 basis points. In Europe, GfK German Q4 GDP data (0.0% expected) will be posted (09:00 GMT) and the ECB will set interest rates (cut of 0.25% to 2.75% exp) in the afternoon (13:15 GMT). In the US, GDP figures (2.70% exp) and Initial Jobless Claims (224k exp) will be posted (13:30 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 30/01/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 30/01/2025

Support & Resistance Level Explanation
Resistance 2 1.0467 Daily R2
Resistance 1 1.0444 Daily R1
Support 1 1.0383 Daily S1
Support 2 1.0360 Daily S2

EURUSD Indicator Table - 30/01/2025

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

EURUSD Indicator / Period Table - 30/01/2025

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

EURUSD 30/01/2025 - Reference Price : 1.0413

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