EURUSD Daily Analysis 02/23/2025

Technical analysis

1. Overview of Momentum and Market Structure

• Previous Day: Bearish

• Current Bias: Bearish

• Range: 1.0505 – 1.0449

• Expectations: Price is expected to decline toward key liquidity zones and FVGs before potential reversals.

Trading Plan

Bearish Bias

Strategy:
Look for sell opportunities at strong resistance and liquidity zones:

• 1.0467 (H1 Liquidity - Key Resistance & Possible Rejection Zone)

• 1.0474 (H1 OB - Strong Supply Zone & Sell Entry Area)

• 1.0492 (H1 Liquidity - Strong Resistance & Potential Stop Hunt Zone)

Primary Targets:

• 1.0449 (Extreme Liquidity - First Downside Target & Potential Reaction Zone)

• 1.0422 (H4 OB - Major Liquidity Grab & Institutional Buy Zone)

• 1.0400 (H4 Liquidity - Extreme Liquidity Zone & Potential Reversal Area)

For Long Positions

Strategy:
Look for buy opportunities at strong demand and liquidity zones:

• Buy Levels:

  • 1.0400 (H4 Liquidity - Strong Demand & Institutional Buy Area)

  • 1.0372 (Daily Liquidity - Deep Discount Buy Zone & Strong Support Area)

Buy Targets:

• 1.0449 (Extreme Liquidity - First Upside Target & Resistance Zone)

• 1.0467 (H1 Liquidity - Second Upside Target & Key Sell Zone)

• 1.0474 (H1 OB - Possible Rejection Zone & Retest Area)

• 1.0492 (H1 Liquidity - Major Resistance & Possible Stop Hunt Zone)

• 1.0513 (H4 Liquidity - Final Upside Target & Sell Entry Zone)

Summary

• Bearish momentum remains valid below 1.0492, targeting 1.0449, 1.0422, and 1.0400.

• Short setups become valid near 1.0467, 1.0474, and 1.0492 for potential reversals.

• Buy setups become valid around 1.0400 and 1.0372 for potential upside movements.

• Monitor price action at FVGs and liquidity zones for confirmation.