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📊 EURUSD Daily Analysis Based on Main Key Levels – 7 April 2025

  • Neom
  • 3 days ago
  • 1 min read

Daily Current Market Price (DCMP): 1.10179


Immediate price structure:


Below DCMP: Support cluster (1.09988–1.08152)

Above DCMP: Resistance band (1.10690–1.13312)


📍 Critical Zones


Support (Bullish Triggers):


✅ S1: 1.09287 (Near 61.8% Fib retracement)

✅ S2: 1.08854 (Confluence with 4H swing low)

✅ S3: 1.08152 (Multi-week liquidity pool)


Resistance (Bearish Barriers):


❌ R1: 1.10690 (38.2% Fib extension level)

❌ R2: 1.11123 (Daily chart descending trendline)

❌ R3: 1.11824 (2025 YTD high rejection zone)


Swing Levels:


🔺 Daily/4H Swing High: 1.09548

🔻 Daily/4H Swing Low: 1.07330


🔍 Technical Snapshot


Fibonacci Framework: Price consolidates between 1.08152 (61.8% retracement) and 1.10690 (38.2% extension).

RSI: Neutral at 52, no divergence observed.

MACD: Signal line flattening below zero, hinting at bearish momentum.



💡 Trade Setups


1️⃣ Intraday Buy Trade


🎯 Entry: 1.09631 (Key reversal pivot zone)

🛑 Stop Loss: 1.09200 (-43 pips)

🎯 Take Profit 1: 1.10690 (+106 pips)

🎯 Take Profit 2: 1.11123 (+149 pips)


Catalyst: Bullish reversal candlestick pattern at support with rising volume.


2️⃣ Intraday Sell Trade


🎯 Entry: 1.11037 (Resistance cluster)

🛑 Stop Loss: 1.11450 (+41 pips)

🎯 Take Profit 1: 1.09988 (-105 pips)

🎯 Take Profit 2: 1.09287 (-175 pips)


Catalyst: Overbought RSI rejection and bearish MACD histogram expansion.


📉 Risk Management


Tighten stops to breakeven if price reaches 50% of TP1.

Avoid trades during ECB/USD news events (e.g., FOMC statements).

Disclaimer: Analysis combines price action, institutional order flow, and Fibonacci tools. Monitor liquidity pools near S3/R3 for breakout traps. 🚨

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