📊 EUR/USD Price Action Update – April 8, 2025 🎯
🔹 Current Price: 1.09983
🔹 Timeframe: 4H
📌 Key Support Levels (Demand Zones):
🟢 1.08549 – Immediate Demand Zone (Watch for bullish reaction)
🟢 1.07887 – Deeper Support (Liquidity sweep potential)
🟢 1.07572 – Strong Institutional Demand (Major reversal zone)
📌 Key Resistance Levels (Potential Targets):
🔴 1.10000+ – Psychological Resistance & Round Number
🔴 1.10500 – Next clean target if price reverses bullish
📈 Bullish Scenario:
If price dips into the 1.08549 demand zone and shows signs of rejection (e.g., bullish engulfing or strong wick rejection), we may see a bounce back toward 1.10000 and beyond.
A successful retest of this zone with momentum could open the path toward 1.10500.
📉 Bearish Scenario:
If price breaks below 1.08549, we may see a further drop to sweep liquidity around 1.07887 or even 1.07572 before bullish interest returns.
Failure to hold 1.07572 could indicate trend shift toward deeper lows.
⚡ Trading Tip:
✅ Wait for bullish confirmations at key demand zones before entering longs.
✅ Track lower timeframes for entry (15M/1H) within the 4H zones.
✅ Avoid FOMO; let the price react first and manage risk accordingly.
#EURUSD #ForexTrading #PriceAction #TechnicalAnalysis #SmartMoneyConcepts #LiquidityZones #ForexSetup #MarketStructure #ForexSignals #SwingTrading #FVG #DemandZone #ReversalPattern #ForexMarket #BreakoutStrategy #ScalpingIdeas
🔹 Current Price: 1.09983
🔹 Timeframe: 4H
📌 Key Support Levels (Demand Zones):
🟢 1.08549 – Immediate Demand Zone (Watch for bullish reaction)
🟢 1.07887 – Deeper Support (Liquidity sweep potential)
🟢 1.07572 – Strong Institutional Demand (Major reversal zone)
📌 Key Resistance Levels (Potential Targets):
🔴 1.10000+ – Psychological Resistance & Round Number
🔴 1.10500 – Next clean target if price reverses bullish
📈 Bullish Scenario:
If price dips into the 1.08549 demand zone and shows signs of rejection (e.g., bullish engulfing or strong wick rejection), we may see a bounce back toward 1.10000 and beyond.
A successful retest of this zone with momentum could open the path toward 1.10500.
📉 Bearish Scenario:
If price breaks below 1.08549, we may see a further drop to sweep liquidity around 1.07887 or even 1.07572 before bullish interest returns.
Failure to hold 1.07572 could indicate trend shift toward deeper lows.
⚡ Trading Tip:
✅ Wait for bullish confirmations at key demand zones before entering longs.
✅ Track lower timeframes for entry (15M/1H) within the 4H zones.
✅ Avoid FOMO; let the price react first and manage risk accordingly.
#EURUSD #ForexTrading #PriceAction #TechnicalAnalysis #SmartMoneyConcepts #LiquidityZones #ForexSetup #MarketStructure #ForexSignals #SwingTrading #FVG #DemandZone #ReversalPattern #ForexMarket #BreakoutStrategy #ScalpingIdeas
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.