Monday , 13 January 2025
Home Forex EURUSD Analysis for Today
Forex

EURUSD Analysis for Today

TradeCompass: EUR/USD Analysis – Euro FX Futures Today – 13 January 2025

Financial Instrument: Euro FX Futures (EUR/USD Futures)

Price at the Time of Analysis: 1.0245

Key Levels and Trade Scenarios for EUR/USD Futures Today

Bullish Above: 1.0265

  • Why Bullish Above:If EUR/USD futures climb above 1.0265, the price would re-enter today’s developing Value Area and trade above the VWAP. This move signals a potential bullish momentum shift, attracting buyers in the EUR/USD market.

  • Bullish Profit Targets for EUR/USD Futures Analysis Today:

  1. 1.0270 – Yesterday’s Point of Control (POC), a key level where volume concentrated.
  2. 1.0277 – Today’s Value Area High (VAH), acting as short-term resistance.
  3. 1.0283 – Just under the POC from January 1, another key volume-driven level.
  4. 1.02895 – Below the VWAP from two days ago, a significant institutional level for EUR/USD analysis.
  5. 1.0300 – A major psychological level for EUR/USD traders, likely to attract heavy market interest.

Bearish Below: 1.02385

  • Why Bearish Below:A move below 1.02385 would place the price under the second lower standard deviation of yesterday’s VWAP and today’s low. This suggests strong bearish sentiment in EUR/USD futures today.

  • Bearish Profit Targets for EUR/USD Futures:

  1. 1.0219 – A nearby profit target for short positions, aligning with selling momentum.
  2. 1.02135 – Just below today’s low, supporting further bearish confirmation in EUR/USD analysis.
  3. 1.0205 – A historically significant support level for EUR/USD futures traders.
  4. 1.01145 – October’s low, a critical level for extended bearish runners in EUR/USD futures analysis today.

Educational Insights for EUR/USD Futures Analysis

VWAP and EUR/USD Futures Today

The Volume-Weighted Average Price (VWAP) is an essential tool for understanding institutional and retail activity in EUR/USD analysis today.

  • How to Use VWAP in EUR/USD Futures Trading:
    • Identify dynamic support and resistance levels in the EUR/USD market.
    • Confirm institutional buying or selling pressure.
    • Strengthen trade setups using VWAP as a confluence indicator.

Value Area in EUR/USD Futures Today

  • Value Area High (VAH) and Low (VAL):These levels highlight areas where 70% of trading volume occurs, providing critical zones for EUR/USD analysis.
    • Bullish Strategy: Enter long trades near VAL and target VAH for profit-taking.
    • Bearish Strategy: Sell near VAH and target VAL or lower levels for shorts.
    • Combine these strategies with Delta and VWAP analysis for a complete EUR/USD trading plan.

Disclaimer

This EUR/USD analysis is for educational purposes only and does not constitute financial advice. Trading in EUR/USD futures involves significant risk and may not suit all investors. Always manage your risk and trade at your own discretion.

Visit ForexLive.com for more updates and insights on EUR/USD futures analysis.

This EUR/USD futures analysis provides a clear “map” for today’s trading session. Use the outlined bullish and bearish thresholds to navigate market sentiment effectively, and consider partial profit-taking strategies to lock in gains while minimizing risk.

This article was written by Itai Levitan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

USDCAD Technical Analysis – New cycle highs ahead?

Fundamental OverviewThe USD got another boost on Friday following the NFP report...

Dollar keeps in control to start the new week

The dollar is once again keeping firmer in trading today, mostly advancing...

Greece Consumer Price Index – Harmonized (YoY) fell from previous 3% to 2.9% in December

Greece Consumer Price Index - Harmonized (YoY) fell from previous 3% to...

Greece Consumer Price Index (YoY) increased to 2.6% in December from previous 2.4%

Greece Consumer Price Index (YoY) increased to 2.6% in December from previous...