CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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. 73.43% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Euro - Dollar Analysis

US Session Analysis for CFD Instruments 17/01/2025

Fundamental analysis

17 January, 2025

In European trading, the euro rose against the US Dollar, trading above the 1.0300 mark.

The currency pair was trading in a slightly rising trend following inflation data from the Eurozone. In Europe Eurozone CPI Inflation data for December came out in line with expectations (2.4%). In the US, Housing Starts data for December (-1.8% last month) and Industrial Production data for December (0.3% expected) will be released at 13:30 GMT and 14:15 GMT respectively.

Technical analysis

Euro - Dollar Analysis Technical analysis 17/01/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 17/01/2025

Support & Resistance Level Explanation
Resistance 2 1.0366 Daily R2
Resistance 1 1.0341 Daily R1
Support 1 1.0273 Daily S1
Support 2 1.0248 Daily S2

EURUSD Indicator Table - 17/01/2025

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

EURUSD Indicator / Period Table - 17/01/2025

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

EURUSD 17/01/2025 - Reference Price : 1.0305

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (2)Sell (0)
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Euro - US Dollar Chart
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