💹 EURUSD 18th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 1.04552

Key Observation: Price trades below immediate resistance at 1.05007 (Daily R1) and above critical support at 1.04707 (Weekly S1).

🔑 Critical Technical Levels

Resistance Zones

✅ 1.05007 (Daily R1)

✅ 1.05182 (Weekly R1)

✅ 1.05250 (Daily R3)

Support Zones

✅ 1.04707 (Weekly S1)

✅ 1.04614 (Weekly S2)

✅ 1.04464 (Weekly S3)

Swing Levels Alert: Recent swing high at 1.05333 and swing low at 1.02838 (monitor for trend continuation signals).

📊 Technical Outlook

Fibonacci: Price tests 38.2% retracement level at 1.04707

RSI: Neutral at 49.1 suggests consolidation phase

MACD: Bearish histogram fading on 4H chart

💡 Intraday Trade Setups

🟢 Buy Setup: Support Bounce Play

Entry: 1.04301 🎯 (Weekly Pivot)

Stop Loss: 1.03950 🚫

Take Profit 1: 1.04707 💰 (Weekly S1)

Take Profit 2: 1.05100 💰💎 (Daily R2)

🔴 Sell Setup: Resistance Rejection

Entry: 1.05182 🎯 (Weekly R1)

Stop Loss: 1.05400 🚫

Take Profit 1: 1.04857 💰 (Daily Pivot)

Take Profit 2: 1.04464 💰💎 (Weekly S3)

🧠 Pro Trader Insight

"Price compression between 1.04301-1.05182 suggests breakout potential. Watch ECB commentary and USD index movements for fundamental confirmation of technical setups."

🔍 Confirmation Checklist

☑️ Monitor 1.04707 support holding pattern

☑️ Track US CPI data impact on DXY

☑️ Watch 4H candle closes above/below 1.04857 pivot