📊 EURUSD 3rd January 2025 Daily Analysis Based on Main Key Levels

Current Market Price (DCMP)

As of now, the Daily Current Market Price (DCMP) for EURUSD is 1.02689.

📉 Key Levels

🛑 Resistance (Above DCMP)

Resistance 1: 1.04427

Resistance 2: 1.04575

Resistance 3: 1.04814

✅ Support (Below DCMP)

Support 1: 1.02310

Support 2: 1.01952

Support 3: 1.01372

📉 Swing Levels

Swing High: 1.06300

Swing Low: 1.03430

📋 Summary of Analysis

The current market price of 1.02689 indicates that key resistance levels above this price include 1.04427, 1.04575, and 1.04814. The support levels below this price are 1.02310, 1.01952, and 1.01372. The swing high stands at 1.06300, while the swing low is at 1.03430.

💼 Suggested Trades

📈 Intraday Buy Trade

Entry Price: ✨ 1.02310

Stop Loss: ❌ 1.01952

Take Profit 1: 🎯 1.02890

Take Profit 2: 🎯 1.03430

📌 Reason for Entry

The price is approaching a key support level at 1.02310, presenting a favorable buying opportunity based on technical analysis.

📉 Intraday Sell Trade

Entry Price: ✨ 1.03562

Stop Loss: ❌ 1.04188

Take Profit 1: 🎯 1.03430

Take Profit 2: 🎯 1.04814

📌 Reason for Entry

Resistance at 1.03562 indicates a potential selling opportunity, with targets set above this level.

📝 Conclusion

This analysis provides a concise overview of key levels and trade opportunities for EURUSD. By monitoring these levels, traders can make informed decisions in the current market environment. Stay tuned for more insights and happy trading! 🚀