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

EU Session Analysis for CFD Instruments 21/01/2025

Fundamental analysis

21 January, 2025

In Asian trading, the euro decreased against the US Dollar, trading below the 1.0400 mark.
The EUR/USD remained in negative territory after rising to a two week high yesterday. But expectations that the European Central Bank may cut interest rates at the next successive four meetings are placing pressure on the European currency. In Europe German ZEW Economic Sentiment data for January (15.2 expected) will be posted (10:00 GMT). 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 1.0432 Daily R2
Resistance 1 1.0405 Daily R1
Support 1 1.0335 Daily S1
Support 2 1.0308 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) Buy
Stochastic ( 9;6;3) Buy

EURUSD Indicator / Period Table - 21/01/2025

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

EURUSD 21/01/2025 - Reference Price : 1.0370

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