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📈 EURUSD 7th March 2025 Daily Analysis Based on Main Key Levels

  • Neom
  • Mar 7
  • 1 min read

Daily Current Market Price (DCMP): 1.08091


Key Levels & Technical Snapshot 🔍


Price Structure


Above DCMP (Resistance):


▶️ 1.08351 (Immediate Resistance)

▶️ 1.08559 (Mid-Term Barrier)

▶️ 1.08894 (Critical Sell Zone)


Below DCMP (Support):


▶️ 1.07681 (Primary Support)

▶️ 1.07473 (Fib 38.2% Alignment)

▶️ 1.07138 (2024 Low Confluence)

Swing Levels


Daily Swing High: 1.05144

Daily Swing Low: 1.03600


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Technical Indicators


Fibonacci: 1.07681 aligns with 50% retracement from 2024 lows.

RSI: Neutral at 48, no divergence observed.

MACD: Bearish crossover near 1.08091 DCMP.

Intraday Trade Setups 💼


Trade Idea 1: Intraday Buy


Entry: 🎯 1.05905 (Weekly Pivot Support)

Stop Loss: 🚫 1.05144 (Swing High)

Take Profit 1: 🏁 1.07681 (Daily Support 1)

Take Profit 2: 🏁 1.08091 (DCMP Retest)


Rationale: Price tests 2025 yearly trend support (1.05905) with oversold RSI conditions.


Trade Idea 2: Intraday Sell

No valid setup above DCMP meets risk-reward criteria due to conflicting MACD signals.


Strategic Insights 🔥


Bullish Scenario: Close above 1.08351 could trigger short-covering toward 1.08894.

Bearish Risk: Breakdown below 1.07681 may accelerate losses to 1.07138 (2024 low).

Fundamental Catalyst: Monitor ECB policy shifts against Fed rate expectations.


Risk Management ⚠️


Use 1:3 risk-reward ratio for buy setup.

Reduce position size if volatility exceeds 1.5% daily ATR.


Final Note: Focus on 1.05905-1.08351 range for breakout confirmation. The 2025 technical outlook remains cautiously bearish below 1.08894.

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