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📊 EURUSD Daily Analysis Based on Main Key Levels – April 3, 2025

  • Neom
  • 2 days ago
  • 1 min read

Daily Current Market Price (DCMP): 1.09110 🔄


🗝️ Key Levels Summary


Below DCMP (Support)


Immediate Support: 1.07986 (BUY/Support1)

Secondary Support: 1.07646 (BUY/Support2)

Critical Floor: 1.07095 (BUY/Support3)


Above DCMP (Resistance)


Near-Term Resistance: 1.09088 (SELL/Resistance1)

Strong Resistance: 1.09428 (SELL/Resistance2)

Major Ceiling: 1.09979 (SELL/Resistance3)


Swing High/Low Levels (Daily/4H):


🚩 Swing High: 1.09548

🚩 Swing Low: 1.07330


🔍 Technical Analysis


1️⃣ Pivot Levels:


Weekly Pivot at 1.08537 acts as a baseline for intraday bias.


2️⃣ Fibonacci Retracement:


Key retracement zones cluster around 1.07986 (38.2%) and 1.09428 (61.8%), aligning with support/resistance.


3️⃣ RSI Divergence:


Neutral RSI at 52, but bullish divergence forming near 1.07986 support.


4️⃣ MACD Crossover:


Bearish momentum fading; watch for bullish crossover confirmation above the signal line.



💡 Trade Setup


✅ Intraday Buy Trade


Entry Price: 1.08848 📍

Stop Loss: 1.07986 🛑

Take Profit 1: 1.09428 🎯

Take Profit 2: 1.09979 🎯


Rationale:


DCMP (1.09110) hovers above weekly pivot (1.08537), with Fibonacci support at 1.07986. RSI divergence and MACD reversal potential favor a bullish push toward 1.09428–1.09979.


❌ Intraday Sell Trade


Entry Price: 1.09327 📍

Stop Loss: 1.09979 🛑

Take Profit 1: 1.08537 🎯

Take Profit 2: 1.07986 🎯


Rationale:


Strong resistance at 1.09979 caps upside. A break below 1.08537 pivot could trigger bearish momentum toward 1.07986–1.07095.


📉 Critical Notes


Risk Management: Use trailing stops if price breaches TP1.

Confirmation: Validate trades with 4-hour closing prices below/above pivot levels.

🔔 Disclaimer: This analysis is for educational purposes. Conduct independent research before trading.


✨ SEO-Optimized Insights: This blog merges actionable EURUSD trade setups with pivot and Fibonacci analysis for April 3, 2025. Bookmark for daily updates on key levels!

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