📈 EURUSD 3rd February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 1.02383

Key Levels Relative to DCMP:

Resistances (Above 1.02383): 1.03015, 1.03496, 1.03817, 1.04138, 1.04336, 1.04657, 1.05280, 1.05333, 1.05981

Supports (Below 1.02383): 1.01779, 1.02315, 1.02977, 1.03298

Swing High & Low Levels 🎯

Swing High (Daily/4H): 1.05333

Swing Low (Daily/4H): 1.01779

Technical Snapshot 🔍

Critical Levels:

Immediate Resistance: 1.03015 (Key Intraday Barrier)

Strong Support Cluster: 1.02315–1.01779 (Buy Zone).

Fibonacci Retracement/Extension:

Support near 1.02315 aligns with 38.2% Fib retracement.

Resistance at 1.03015 coincides with 61.8% Fib extension.

Momentum Indicators:

RSI: Neutral (No divergence detected).

MACD: Bullish crossover near 1.02315; bearish pressure at 1.03015.

Trade Setups 💼

Intraday Buy Trade

Entry Price: 🟢 1.02315

Stop Loss: 🔴 1.01779 (54 pips risk)

Take Profit 1: 🎯 1.02977

Take Profit 2: 🚀 1.03298

Rationale: Strong confluence at 1.02315 (Fib + swing low). MACD supports bullish reversal.

Intraday Sell Trade

Entry Price: 🔴 1.03015

Stop Loss: 🟢 1.03496 (48 pips risk)

Take Profit 1: 🎯 1.02315

Take Profit 2: 🚀 1.01779

Rationale: Price rejection at 1.03015 (Fib + key resistance). Bearish MACD crossover adds confirmation.

Summary of Key Levels 📊

Resistance Levels

1.03015 (Immediate)

1.03496–1.03817

1.05280–1.05981

Support Levels

1.02315 (Buy Zone)

1.01779 (Swing Low)

1.02977–1.03298

Final Insight 🌟

EURUSD faces a decisive battle at 1.03015. A break below 1.02315 could accelerate toward 1.01779, while a surge above 1.03015 opens 1.03496. Trade reactions at these levels with disciplined risk-reward ratios.