💹 EURUSD Daily Analysis Based on Main Key Levels - [14 April 2025]

Daily Current Market Price (DCMP): 1.13668

Current Structure: DCMP trading between immediate support at 1.13413 (weekly pivot) and resistance at 1.14497 (weekly R1)

📊 Key Technical Levels

Below DCMP (Support):

🛡️ 1.13413 (Weekly Pivot)

🛡️ 1.12330 (Weekly S1)

Above DCMP (Resistance):

⛔ 1.14497 (Weekly R1)

⛔ 1.15167 (Weekly R2)

📈 Technical Analysis

• Fibonacci Retracement: Price holds above 61.8% retracement level (1.13413)

• RSI Divergence: Neutral at 52.34 with bullish momentum developing

• MACD: Histogram shows weakening bearish crossover (0.00074 → 0.00062)

💡 Trade Setups

Intraday Buy Setup

🎯 Entry: 1.13413 (Weekly Pivot)

🛑 Stop Loss: 1.13000 (-41.3 pips)

🎯 Take Profit 1: 1.13850 (+43.7 pips)

🎯 Take Profit 2: 1.14120 (+70.7 pips)

Rationale: Price reaction at 61.8% Fibonacci support aligns with weekly pivot confluence.

Intraday Sell Setup

🎯 Entry: 1.14497 (Weekly R1)

🛑 Stop Loss: 1.14850 (+35.3 pips)

🎯 Take Profit 1: 1.14120 (-37.7 pips)

🎯 Take Profit 2: 1.13750 (-74.7 pips)

Rationale: Overbought conditions expected at 78.6% Fibonacci extension level.

⚠️ Risk Management Note

Maintain 1:1.7 risk-reward ratio. Reduce position size if US inflation data (15 April) creates volatility spikes.