🌍 EURUSD 10th March 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 1.08338

Below DCMP: Support Zones | Above DCMP: Resistance Zones

📊 Critical Price Levels

Immediate Resistance: 1.08761 (Daily R1) → 1.08952 (Weekly R1)

Major Resistance Cluster: 1.09426 (Daily R3)

Immediate Support: 1.07939 (Daily S1) → 1.07040 (Weekly Pivot)

Swing High: 1.05144 | Swing Low: 1.03600

🔍 Technical Breakdown

Fibonacci Confluence:

61.8% retracement aligns with 1.07040 (Weekly Pivot), reinforcing support.

38.2% extension near 1.08952 (Weekly R1) acts as bullish target.

Momentum Indicators:

RSI: Neutral at 48 (no divergence).

MACD: Bearish crossover fading near zero line, hinting at consolidation.

Price Structure:

DCMP (1.08338) trades above Weekly Pivot (1.07040) but below Daily R1 (1.08761).

Break above 1.08952 could trigger momentum toward 1.09426.

💡 Intraday Trade Opportunities

🟢 Intraday Buy Setup

Entry: 1.07040 (Weekly Pivot) 🎯

Stop Loss: 1.05129 (Weekly S1) ⛔

Take Profit 1: 1.07939 (Daily S1) ✅

Take Profit 2: 1.08350 (Daily Pivot) ✅

Rationale:

Strong historical support at Weekly Pivot (1.07040) aligns with institutional bids.

Bullish MACD reversal on 4H chart supports upside potential.

🔴 Intraday Sell Setup

Entry: 1.08952 (Weekly R1) 🎯

Stop Loss: 1.09426 (Daily R3) ⛔

Take Profit 1: 1.08350 (Daily Pivot) ✅

Take Profit 2: 1.07939 (Daily S1) ✅

Rationale:

Weekly R1 (1.08952) converges with descending trendline resistance.

Bearish volume spike noted near this zone on lower timeframes.

⚠️ Risk Parameters

Position sizing: ≤2% account risk per trade.

Adjust stop loss to breakeven if price reaches TP1.

Avoid trading during ECB/USD CPI releases (March 12-14).

📉 Macro Context

EURUSD faces pressure from diverging ECB-Fed policies. A sustained break above 1.08952 may target 1.09426, while failure to hold 1.07939 could extend declines toward 1.07040. Watch for USD volatility from NFP revisions.

Note: Key U.S. retail sales data due Thursday may drive breakout momentum.

This analysis blends institutional pivot logic with retail trader psychology. Always validate setups with real-time liquidity maps. 🚀