EURUSD Daily Analysis 03/04/2025

Technical analysis

1. Overview of Momentum and Market Structure

• Previous Day: Bullish

• Current Bias: Bullish

• Range: 1.0359 – 1.0503

• Expectations: Price is expected to rise, targeting key liquidity levels and fair value gaps (FVGs).

Trading Plan

Bullish Bias

Strategy:
Look for long positions at key demand and liquidity levels:

• Buy Levels:

  • 1.0466 (H1 Liquidity - Potential Support & Buy Zone)

  • 1.0444 (H1 FVG - Fair Value Gap for Possible Rebound)

  • 1.0428 (H4 FVG - Institutional Buying Zone)

  • 1.0406 (H1 FVG - Additional Support for Longs)

Primary Targets:

• 1.0503 (Extreme Liquidity - Strong Resistance & Key Bullish Target)

• 1.0528 (H4 Liquidity - Potential Upside Expansion Area)

• 1.0566 (Daily Order Block - Strong Supply Zone for Bulls to Target)

• 1.0629 (Daily Liquidity - Major Resistance & Final Bullish Target)

For Short Positions

Strategy:

• Look for short opportunities at key resistance levels for potential pullbacks:

  • 1.0528 (H4 Liquidity - Possible Rejection Zone for Shorts)

  • 1.0566 (Daily Order Block - Major Resistance & Institutional Selling Area)

  • 1.0629 (Daily Liquidity - Strong Supply Zone & Final Sell Level)

Sell Targets:

• 1.0503 (Initial Target for Shorts & Possible Retracement Zone)

• 1.0466 (H1 Liquidity - First Bearish Target for Downside Move)

• 1.0444 (H1 FVG - Key Support & Possible Bounce Area)

• 1.0428 (H4 FVG - Next Bearish Target in Case of Reversal)

Summary

• Bullish sentiment with buy setups at 1.0466, 1.0444, 1.0428, and 1.0406, targeting 1.0503, 1.0528, 1.0566, and 1.0629.

• Short opportunities at 1.0528, 1.0566, and 1.0629, targeting 1.0503, 1.0466, 1.0444, and 1.0428.

• Monitor price action at key liquidity levels and FVGs before entering trades.