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 16/06/2025

Fundamental analysis

16 June, 2025

In Asian trading, the Euro climbed against the US Dollar, trading above the 1.1500 mark.
The EUR/USD rose following a statement from ECB Vice President de Guindos who outlined that the bank was very close to its target rate, signalling the belief that there will not be many more interest rate cuts in the current cycle. In Europe, German Bundesbank President Nagel will speak (08:00 GMT +1). In the US, the NY Empire State Manufacturing Index for June (-8.10 exp) will be released (13:30 GMT+1).

Technical analysis

Euro - Dollar Analysis Technical analysis 16/06/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 16/06/2025

Support & Resistance Level Explanation
Resistance 2 1.1624 Daily R2
Resistance 1 1.1595 Daily R1
Support 1 1.1516 Daily S1
Support 2 1.1487 Daily S2

EURUSD Indicator Table - 16/06/2025

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

EURUSD Indicator / Period Table - 16/06/2025

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

EURUSD 16/06/2025 - Reference Price : 1.1556

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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