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 21/01/2025

Fundamental analysis

21 January, 2025

In European trading, the euro fell against the US Dollar, trading below the 1.0350 mark.
The currency pair has been falling since this morning’s session following market expectations of four interest rate cuts by the ECB in 2025. In Europe German ZEW Economic Sentiment data for January was published with data worse than expected (10.3 realised vs 15.2 expected). In the US, there are no major data releases today.

Technical analysis

Euro - Dollar Analysis Technical analysis 21/01/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 21/01/2025

Support & Resistance Level Explanation
Resistance 2 1.0410 Daily R2
Resistance 1 1.0383 Daily R1
Support 1 1.0313 Daily S1
Support 2 1.0286 Daily S2

EURUSD Indicator Table - 21/01/2025

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

EURUSD Indicator / Period Table - 21/01/2025

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

EURUSD 21/01/2025 - Reference Price : 1.0352

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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Euro - US Dollar Chart
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