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. 73.43% 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 05/02/2025

Fundamental analysis

05 February, 2025

In European trading, the euro rose against the US Dollar, trading above the 1.0410 mark.
The EUR/USD has edged higher since this morning following worse than expected job market data from the US. In Europe, Services PMI data for January was posted today showing worse than expected results (51.3 realised vs 51.4 expected). In the US, ADP Nonfarm Employment Change data for January (148K exp) will be posted today (13:15 GMT).

Technical analysis

Euro - Dollar Analysis Technical analysis 05/02/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 05/02/2025

Support & Resistance Level Explanation
Resistance 2 1.0490 Daily R2
Resistance 1 1.0461 Daily R1
Support 1 1.0383 Daily S1
Support 2 1.0353 Daily S2

EURUSD Indicator Table - 05/02/2025

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

EURUSD Indicator / Period Table - 05/02/2025

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

EURUSD 05/02/2025 - Reference Price : 1.0421

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