CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. 67.52% 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 24/02/2025

Fundamental analysis

24 February, 2025

In Asian trading, the euro edged higher against the US Dollar, trading above the 1.0500 mark.

The EUR/USD currency rose during the Asian session after the Christian Democrats won elections in Germany as expected. In Europe, CPI Inflation data for January (2.5 expected) will be posted (10:00 GMT). In the US, Chicago Fed National Activity for January (0.15 last month) will be released (13:30 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 24/02/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 24/02/2025

Support & Resistance Level Explanation
Resistance 2 1.0542 Daily R2
Resistance 1 1.0525 Daily R1
Support 1 1.0477 Daily S1
Support 2 1.0460 Daily S2

EURUSD Indicator Table - 24/02/2025

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 - 24/02/2025

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

EURUSD 24/02/2025 - Reference Price : 1.0501

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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