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

Daily Current Market Price (DCMP): 1.06180 🔄

EURUSD trades below immediate resistance (1.06718) and above critical support (1.05905).

📊 Key Technical Levels

🛑 Resistance Zones (Sell Zones)

R3: 1.07317 (Major weekly resistance)

R2: 1.06718 (Weekly pivot resistance)

R1: 1.06348 (Daily resistance pivot)

🟢 Support Zones (Buy Zones)

S1: 1.05905 (Weekly pivot support)

S2: 1.05150 (Strong weekly support)

S3: 1.04181 (Long-term floor)

Swing High: 1.05144 (Daily timeframe) | Swing Low: 1.03600 (4H/1D confluence)

📈 Technical Indicators

RSI: Neutral at 49 (no clear divergence).

MACD: Bearish momentum easing near weekly support (1.05905).

Fibonacci Retracement: 50% level aligns with S1 (1.05905), highlighting a reversal zone.

💡 Trade Setups

🟢 Intraday Buy Setup

Entry: 1.05905 📍 (Weekly pivot support)

Stop Loss: 1.05144 🚫 (Below S2)

Take Profit 1: 1.06348 🎯 (Daily R1)

Take Profit 2: 1.06718 🚀 (Weekly R2)

Rationale: A rebound from the weekly pivot (1.05905) aligns with Fibonacci support and weakening bearish MACD.

🔴 Intraday Sell Setup

Entry: 1.06718 📍 (Weekly R2 resistance)

Stop Loss: 1.07317 🚫 (Above R3)

Take Profit 1: 1.06348 🎯 (Daily R1 pullback)

Take Profit 2: 1.05905 🚀 (Weekly pivot retest)

Rationale: Rejection at weekly R2 (1.06718) offers a short opportunity with RSI near neutral and overhead resistance.

📉 Market Outlook

EURUSD faces pressure below 1.06718, with bears targeting 1.05905. A sustained break above 1.06718 could shift bias toward 1.07317, while failure to hold 1.05905 risks a slide to 1.05150.

🔔 Watch: Price action around DCMP (1.06180) for intraday directional cues.

📌 Summary

Key Supports: 1.05905 (weekly pivot) → 1.05150 → 1.04181

Key Resistances: 1.06348 (daily R1) → 1.06718 → 1.07317

Price Bias: Neutral with bearish risks below 1.05905.

Trade with disciplined risk management! 💼✨