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📉 EURUSD Daily Analysis Based on Main Key Levels – April 1, 2025

  • Neom
  • 6 days ago
  • 1 min read

Daily Current Market Price (DCMP): 1.08137


Price Context: Trading above immediate support at 1.07913 / below resistance cluster at 1.08552-1.08818


🔑 Critical Price Zones


Support Structure:


✅ Strong Floor: 1.07508-1.07758 (Fib 61.8% Retracement + Swing Low Anchor)

⚠️ Breakdown Risk: 1.07299 (4H Chart Swing Low)


Resistance Barriers:


⛔️ Immediate Ceiling: 1.08552-1.08818 (Confluence of Weekly R1 & Daily R2)

🚀 Bullish Trigger: 1.09327 (Swing High from Weekly R3)


Swing Reference:


🔺 Swing High: 1.09548 (Daily Chart Peak)

🔻 Swing Low: 1.07330 (4H Chart Trough)


📊 Technical Configuration


Fibonacci Framework:


38.2% Retracement at 1.07913 aligns with daily pivot

61.8% Extension at 1.08552 matches weekly R1


Momentum Signals:


⚡ RSI: 49 (Neutral with Bearish Divergence on 4H Chart)

📉 MACD: Histogram Below Zero Line (Bearish Momentum Intact)



💡 Trade Opportunities


Intraday Buy Setup


🎯 Entry: 1.08074 (Weekly Pivot Support)

🛑 Stop Loss: 1.07758 (Below Fib 61.8% Level)

🎯 Take Profit 1: 1.08413 (Daily R1)

🎯 Take Profit 2: 1.08552 (Weekly R1 Confluence)


Rationale: Price rebound likely at weekly pivot with oversold RSI conditions.


Intraday Sell Setup


🎯 Entry: 1.08552 (Key Resistance Cluster)

🛑 Stop Loss: 1.08818 (Above Daily R2)

🎯 Take Profit 1: 1.08074 (Weekly Pivot)

🎯 Take Profit 2: 1.07758 (Fib 61.8% Retracement)


Rationale: Bearish pressure expected at resistance with MACD confirming downside bias.


📍 Strategic Insight


Price consolidates between weekly pivot (1.08074) and daily R1 (1.08413). A close below 1.07913 would activate bearish targets toward 1.07508. Upside requires sustained break above 1.08552 to invalidate near-term bearish structure.


Risk Note: Tighten stops if USD volatility spikes during NY session. 🌐

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