EURUSD Intraday Analysis 02/12/2025

Technical analysis

1. Overview of Momentum and Market Structure

• Current Momentum: Bullish.
  Previous Day's Performance: Bullish.
  Range: 1.0282 – 1.0381
  Expectations: Anticipating a bullish continuation within the range, targeting higher liquidity levels.

Trading Plan

Bullish Bias

Strategy:
Watch for price reactions at the following support zones for potential long entries:

• 1.0336 (Daily FVG)

• 1.0328 (H4 FVG)

• 1.0305 (H4 FVG)

Targets:

• Primary targets: 1.0381 (Extreme Liquidity).

• Extended targets: 1.0410 (H4 Liquidity), 1.0442 (Daily Liquidity).

For Shorts

Strategy:
Monitor price action at the following resistance levels for potential reversals:

• 1.0442 (Daily Liquidity)

• 1.0532 (Daily Liquidity)

Confirmation:
Look for reversal patterns such as bearish engulfing candles or order block formations before entering short positions.

Targets:

• Primary Target: 1.0336 (Daily FVG), 1.0305 (H4 FVG).

• Extended Target: 1.0282 (Extreme Liquidity).

Summary

• The bias remains bullish within the 1.0282 – 1.0381 range.

• Long entries are favorable around 1.0336 – 1.0305, with confirmation from price action.

• Short opportunities may arise near or above 1.0442 – 1.0532 if signs of exhaustion emerge.

• Use your strict money management rules to manage risks effectively.