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 16/04/2025

Fundamental analysis

16 April, 2025

In European trading, the euro rose against the US Dollar, trading above the 1.1360 mark.
The EUR/USD currency has risen in the European market, as new trade escalations by the US administration weaken the US dollar. In Europe, Eurozone CPI for March was posted in line with expectations (2.2%). In the US, Retail Sales data for March (1.4% exp) will be released (13:30 GMT+1) and Fed Chair Powell will speak (18:15 GMT+1).

Technical analysis

Euro - Dollar Analysis Technical analysis 16/04/2025
Time Frame: 1 hour

EURUSD Support & Resistance Table - 16/04/2025

Support & Resistance Level Explanation
Resistance 2 1.1492 Daily R2
Resistance 1 1.1434 Daily R1
Support 1 1.1280 Daily S1
Support 2 1.1222 Daily S2

EURUSD Indicator Table - 16/04/2025

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 - 16/04/2025

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuySell
RSI (14) Sell BuyNeutral
SMA 20 Buy BuyBuy

EURUSD 16/04/2025 - Reference Price : 1.1354

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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