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 23/05/2025

Fundamental analysis

23 May, 2025

In Asian trading, the Euro climbed against the US Dollar, trading above the 1.1300 mark.
The EUR/USD recovered its losses from yesterday after the successful passing of President Trump’s tax bill in the House which has raised concerns about an increase in the financial deficit. In Europe, Q1 German GDP (0.2 expected) will be released (07:00 GMT+1). In the US, New Homes Sales data for April (694k exp) will be posted (15:00 GMT+1).

Technical analysis

Euro - Dollar Analysis Technical analysis 23/05/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 23/05/2025

Support & Resistance Level Explanation
Resistance 2 1.1371 Daily R2
Resistance 1 1.1345 Daily R1
Support 1 1.1274 Daily S1
Support 2 1.1248 Daily S2

EURUSD Indicator Table - 23/05/2025

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 - 23/05/2025

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

EURUSD 23/05/2025 - Reference Price : 1.1324

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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