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 06/06/2025

Fundamental analysis

06 June, 2025

In Asian trading, the Euro declined against the US Dollar, trading below the 1.1400 mark.
The EUR/USD traded lower in the Asian session ahead after recording a six week high yesterday following comments from ECB President Lagarde suggesting that the rate cutting cycle may be nearing its end. In Europe, German Industrial Production for April (-0.9% expected) will be released (07:00 GMT+1). In the US, Nonfarm Payrolls data (130k exp) and Unemployment Rate (4.2%, unchanged, exp) will be posted (13:30 GMT+1).

Technical analysis

Euro - Dollar Analysis Technical analysis 06/06/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 06/06/2025

Support & Resistance Level Explanation
Resistance 2 1.1493 Daily R2
Resistance 1 1.1467 Daily R1
Support 1 1.1397 Daily S1
Support 2 1.1370 Daily S2

EURUSD Indicator Table - 06/06/2025

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 - 06/06/2025

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

EURUSD 06/06/2025 - Reference Price : 1.1432

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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