💹 EURUSD 27th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 1.04650 🎯

Key Levels Relative to DCMP

Support (Below DCMP):

▶️ Immediate Support: 1.04561 (Intraday Buy Zone) 🟢

▶️ Strong Support: 1.04009 (Swing Low) 🛑

▶️ Critical Support: 1.03505 (BUY/Support3)

Resistance (Above DCMP):

▶️ Immediate Resistance: 1.04964 (Intraday Sell Zone) 🔴

▶️ Strong Resistance: 1.05144 (Swing High) 🚩

▶️ Critical Resistance: 1.05617 (SELL/Resistance3)

Technical Analysis Snapshot 🔍

• Fibonacci Levels: Price consolidates near the 50% Fib retracement (1.04561–1.04964), reflecting indecision.

• RSI Divergence: RSI (14) at 52 signals neutral momentum.

• MACD Crossover: Bearish crossover on 4H chart hints at short-term downside pressure.

Intraday Trade Setups 💡

Trade Idea 1: Intraday Buy

• Entry Price: 1.04561 🟢

• Stop Loss: 1.04009 🔴

• Take Profit 1: 1.04757 🟡

• Take Profit 2: 1.04963 🟡

Rationale: Alignment with Fib 61.8% support (1.04561) and BUY/Support1. MACD histogram shows weakening bears.

Trade Idea 2: Intraday Sell

• Entry Price: 1.04964 🔴

• Stop Loss: 1.05144 🟢

• Take Profit 1: 1.04650 🟡

• Take Profit 2: 1.04423 🟡

Rationale: Resistance at 1.04964 (SELL/Resistance1) with Swing High at 1.05144 acting as a barrier.

Critical Notes ⚠️

• Swing High/Low: Daily Swing High at 1.05144, Swing Low at 1.04009.

• Risk Management: Use tight stops due to choppy price action near DCMP.

• Confirmation: Wait for candlestick patterns (e.g., pin bars) at key levels.

• Pro Tip: Combine Fibonacci retracements with swing levels for high-probability entries! 📉✨