⚡EURUSD Daily Analysis Based on Main Key Levels - April 9, 2025

Daily Current Market Price (DCMP): 1.10543 🔍

Critical Price Framework 🔥

Above DCMP (Resistance)

1.11037 🟥 (Immediate Resistance)

1.13312 ⚠️ (Upper Resistance Zone)

Below DCMP (Support)

1.09631 🟩 (Key Support)

1.07356 🛑 (Critical Floor)

Swing Levels

Swing High: 1.09548

Swing Low: 1.07330

Technical Confluence 🔍

Fibonacci & Price Alignment

1.09631 Support: 61.8% Fib retracement of recent rally + Weekly Pivot

1.11037 Resistance: 38.2% Fib extension + Daily Resistance Cluster

Momentum Indicators

RSI: 48.2 (Neutral with bearish divergence on 4H chart)

MACD: Bearish crossover confirmed on daily timeframe

Intraday Trade Setups ⚡

🟢 Intraday Buy Trade Idea

Entry: 1.09631 🟩 (Weekly Support Zone)

Stop Loss: 1.07356 🛑 (-227 pips)

Take Profit 1: 1.10543 🎯 (+91 pips)

Take Profit 2: 1.11037 🚀 (+140 pips)

Rationale: Strong confluence of Fib support + bullish reversal candlestick pattern.

🔴 Intraday Sell Trade Idea

Entry: 1.11037 🟥 (Daily Resistance Cluster)

Stop Loss: 1.13312 ⚠️ (+227 pips)

Take Profit 1: 1.09631 📉 (-140 pips)

Take Profit 2: 1.07356 🛑 (-368 pips)

Rationale: Price rejection at Fib extension + bearish order block alignment.

Key Technical Drivers 🛠️

Resistance Band: 1.11037–1.13312 (Fib extension + liquidity pool)

Support Zone: 1.09631–1.07356 (Institutional accumulation area)

Catalyst: ECB President speech (10:00 AM GMT) + US Retail Sales data

Risk Management Protocol ⚠️

Position sizing ≤0.3% per trade (volatility-adjusted)

Trailing stops activated at 1:1 risk-reward ratio

Avoid trading during overlapping London/NY sessions