🏆 EURUSD 5th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 1.03780

📊 Key Levels

Above DCMP (Resistance): 1.04148 (Intraday Sell Zone)

Below DCMP (Support): 1.03447 (Intraday Buy Zone)

Swing High: 1.05333 | Swing Low: 1.01779

📉 Technical Snapshot

Critical Levels:

Resistance: 1.04148 (R1), 1.04619 (R3)

Support: 1.03447 (S1), 1.03019 (S2)

Technical Indicators:

RSI divergence suggests potential trend reversals.

MACD crossover aligns with pivot-driven momentum shifts.

Fib Levels: Price action respects Fib retracement zones near key pivots.

💡 Trade Setups

📈 Intraday Buy Trade

Entry Price: 🟢 1.03447

Stop Loss: 🔴 1.03019

Take Profit 1: 🟡 1.04148

Take Profit 2: 🟠 1.04619

Rationale: DCMP holds above 1.03447, supported by Fib confluence and bullish MACD crossover.

📉 Intraday Sell Trade

Entry Price: 🔴 1.04148

Stop Loss: 🟢 1.04619

Take Profit 1: 🟡 1.03447

Take Profit 2: 🟠 1.03015

Rationale: Strong resistance at 1.04148 (weekly R1) coupled with overbought RSI signals a pullback.

📌 Final Insights

Critical Zones: Monitor 1.03447 (buyers’ stronghold) and 1.04148 (sellers’ barrier).

Fundamental Catalyst: ECB policy shifts and USD strength may drive volatility.