CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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

US Session Analysis for CFD Instruments 03/02/2025

Fundamental analysis

03 February, 2025

In European trading, the euro rose against the US Dollar, trading above the 1.0230 mark.

The EUR/USD has edged higher in the European session following better than expected data coming out of the Eurozone. In Europe, Manufacturing PMI data for January was posted with better than expected results (46.6 realised vs 46.1 expected). In the US, Manufacturing PMI figures for January (50.1 exp) will be posted (14:45 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 03/02/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 03/02/2025

Support & Resistance Level Explanation
Resistance 2 1.0297 Daily R2
Resistance 1 1.0274 Daily R1
Support 1 1.0214 Daily S1
Support 2 1.0191 Daily S2

EURUSD Indicator Table - 03/02/2025

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

EURUSD Indicator / Period Table - 03/02/2025

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

EURUSD 03/02/2025 - Reference Price : 1.0241

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