📊EURUSD 27th December 2024 Daily Analysis Based on Main Key Levels

📍 Daily Current Market Price (DCMP)

The current market price for EURUSD is 1.04088. This serves as a crucial reference point for identifying trading opportunities.

📉 Key Levels

🛑 Resistance (Above DCMP)

Resistance 1: 1.05087

Resistance 2: 1.05539

Resistance 3: 1.06270

✅ Support (Below DCMP)

Support 1: 1.03625

Support 2: 1.03173

📉 Swing Levels

Swing High: 1.06300

Swing Low: 1.03430

Summary of Analysis

As of the latest evaluation, the EURUSD market is positioned at 1.04088. Key resistance levels above this price include 1.05087, 1.05539, and 1.06270. The support levels below this price are 1.03625 and 1.03173. The swing high is noted at 1.06300, while the swing low is at 1.03430.

Suggested Trades

💼 Intraday Buy Trade

Entry Price: ✨ 1.03625

Stop Loss: ❌ 1.03430

Take Profit 1: 🎯 1.04000

Take Profit 2: 🎯 1.04200

📌 Reason for Entry

The price is approaching a key support level at 1.03625, indicating a favorable buying opportunity based on technical analysis.

💼 Intraday Sell Trade

Entry Price: ✨ 1.04356

Stop Loss: ❌ 1.04539

Take Profit 1: 🎯 1.04100

Take Profit 2: 🎯 1.04000

📌 Reason for Entry

Resistance at 1.04356 suggests a potential selling opportunity, with targets set below this level.

Conclusion

This analysis provides a concise overview of key levels and trade opportunities for EURUSD. By monitoring these levels, traders can make informed decisions in the current market environment. Stay tuned for more insights and happy trading!