EURUSD Daily Analysis Based on Main Key Levels – April 17, 2025

📌 Daily Current Market Price (DCMP): 1.13626

Key Price Structure

Above DCMP (Resistance):

🔥 1.14146 (Daily R1) → Immediate resistance

🔥 1.14458 (Daily R2) → Strong sell zone

🔥 1.14647 (Weekly R1) → Optimal sell level

Below DCMP (Support):

🛡️ 1.13642 (Daily Pivot) → Intraday equilibrium

🛡️ 1.13138 (Daily S1) → Primary buying zone

🛡️ 1.12384 (Weekly Pivot) → Critical support

Swing Levels:

↗️ Swing High: 1.09548

↘️ Swing Low: 1.07330

Trade Setup 1: Intraday Buy

🎯 Entry: 1.12384 (Weekly Pivot support)

⚠️ Stop Loss: Below 1.12000 (psychological level)

💰 Take Profit 1: 1.13138 (Daily S1)

💰 Take Profit 2: 1.13642 (Daily Pivot)

Technical Confluence:

Bullish RSI divergence on 4H chart

Price near 61.8% Fibonacci retracement

Trade Setup 2: Intraday Sell

🎯 Entry: 1.14647 (Weekly R1 resistance)

⚠️ Stop Loss: Above 1.14962 (Daily R3)

💰 Take Profit 1: 1.14146 (Daily R1)

💰 Take Profit 2: 1.13642 (Daily Pivot)

Technical Confluence:

Bearish MACD crossover on daily chart

Price rejecting 78.6% Fibonacci extension

Technical Snapshot

Fibonacci Levels: 1.13138 (38.2% retracement), 1.12384 (61.8%)

Momentum: RSI at 52 (neutral), MACD histogram flattening

Price Action: Consolidation below 1.14146 resistance

Risk Management Notes

🔹 Leverage ≤ 1:30 for intraday trades

🔹 Avoid news events (e.g., ECB speeches)

🔹 Adjust stop losses if volatility spikes