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 20/01/2025

Fundamental analysis

20 January, 2025

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

The currency pair is moving upward since this morning’s session ahead of Donald Trump’s inauguration. In Europe German PPI Inflation data for December was released with lower than expected results (0.8% realised vs 1.1% expected) . In the US, there are no data releases today due to the fact that it's a public holiday.

Technical analysis

Euro - Dollar Analysis Technical analysis 20/01/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 20/01/2025

Support & Resistance Level Explanation
Resistance 2 1.0376 Daily R2
Resistance 1 1.0353 Daily R1
Support 1 1.0291 Daily S1
Support 2 1.0268 Daily S2

EURUSD Indicator Table - 20/01/2025

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

EURUSD Indicator / Period Table - 20/01/2025

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

EURUSD 20/01/2025 - Reference Price : 1.0391

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (3)Sell ()
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Euro - US Dollar Chart
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