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 📅 EURUSD Daily Analysis Based on Main Key Levels – April 15, 2025

  • Neom
  • Apr 15
  • 1 min read

Daily Current Market Price (DCMP):

1.13620


🗝️ Critical Price Zones


Below DCMP (Demand Area):


Immediate Support: 1.13075 (BUY/Support1)

Strong Floor: 1.12280 (BUY/Support3)

Swing Low: 1.07330


Above DCMP (Supply Area):


Near-Term Resistance: 1.14058 (SELL/Resistance1)

Key Barrier: 1.14854 (SELL/Resistance3)

Swing High: 1.09548


📊 Technical Drivers


1. Fibonacci Confluence


Bull Case: 1.13075 aligns with 61.8% Fib retracement from recent upswing.

Bear Case: 1.14854 matches 127% Fib extension of prior consolidation range.


2. Momentum Signals


RSI: 52 (neutral bias, slight bullish slope on 4H chart).

MACD: Bullish crossover emerging on hourly charts below 1.13620.


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💡 Intraday Trade Opportunities


Long Setup 🟢 (Intraday Buy)


Entry: 1.12384

Stop Loss: 1.10121

Take Profit 1: 1.13567 🎯

Take Profit 2: 1.14362 🚀


Rationale:


Weekly pivot at 1.12384 coincides with 78.6% Fib support.

Bullish MACD histogram expansion on 4H timeframe supports reversal potential.


Short Setup 🔴 (Intraday Sell)


Entry: 1.14647

Stop Loss: 1.14854

Take Profit 1: 1.13075 🎯

Take Profit 2: 1.12771 🚀


Rationale:


Resistance cluster at 1.14647–1.14854 aligns with overbought RSI divergence.

Bearish engulfing patterns observed near 1.14362 in Asian session.


📉 Risk Management Protocol


Tighten stops to breakeven if price reaches TP1 in both setups.

Monitor ECB speaker updates (fundamental overlay to technicals).


🔍 Analyst Perspective


EURUSD shows compression between 1.13075–1.14058. Prioritize mean-reversion trades at these boundaries with 1:2 risk-reward ratios. A sustained break above 1.14854 or below 1.12280 would signal trend continuation.

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