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Neom Financial Academy

EURUSD Daily Analysis Based on Main Key Levels – April 29, 2025

  • Neom
  • Apr 29
  • 1 min read

Daily Current Market Price (DCMP): 💶 1.13797


🔍 Key Technical Snapshot


  • Swing High: 1.15734

  • Swing Low: 1.13080


  • Above DCMP (Resistance): 1.14286, 1.14512, 1.14876

  • Below DCMP (Support): 1.13558, 1.13332, 1.12968


Here’s the mind map summarizing the key points from your market analysis for EUR/USD:

📊 Trade Setups


1️⃣ Intraday Buy Trade


  • Entry: 🎯 1.13136 (Weekly Support1)

  • Stop Loss: ⚠️ 1.12968 (Support3)

  • Take Profit 1: 💰 1.13558

  • Take Profit 2: 🚀 1.13797 (DCMP retest)


Rationale: Price near swing low (1.13080) with RSI divergence forming.


2️⃣ Intraday Sell Trade


  • Entry: 🎯 1.14150 (Weekly Pivot)

  • Stop Loss: ⚠️ 1.14876 (Resistance3)

  • Take Profit 1: 💰 1.13922

  • Take Profit 2: 🚀 1.13558


Rationale: Rejection expected at 1.14286-1.14512 resistance zone.


📉 Technical Indicators


  • Fibonacci Levels: 1.13080 (Swing Low) to 1.15734 (Swing High) retracement active.

  • RSI: 48 (Neutral, potential bearish momentum).

  • MACD: Histogram flattening near zero line, indicating consolidation.


💡 Analyst Insight


EURUSD trades in a 1.13136-1.14150 range with bearish bias below DCMP (1.13797). Key levels align with institutional order blocks.

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