Euro FX Futures Analysis – TradeCompass Levels for Today
Current Price: 1.11075 (+1.02%)
Last Updated: April 9th, 2025 (00:39 GMT+2)
Euro FX futures on the CME are pushing higher and attempting a breakout above 1.11015. Price is currently well above the bullish threshold, indicating that buyers are in control — supported by momentum and volume flow.
Bias Levels for Euro Futures (6E)
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Bullish Bias Above: 1.1070
(Just below today’s VWAP – strong support zone) -
Bearish Bias Below: 1.10575
(Below VWAP of April 4 – signals potential bearish shift)
Profit Targets for the Euro Futures (6E) – Bullish Side
If you’re already long (or planning to go long above 1.1070), these are the key bullish junctions to consider taking partial profits:
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1.1172 – A healthy first leg, just below the April 3rd high
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1.1190 – Directly beneath the 1.1192 high from April 3
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1.1200 – Round-number magnet
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1.1220 – Breakout target, pushing above the recent highs
Swing Target:
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1.1345 – Near the Value Area High of September 24, and a high-confluence level from the VWAP zones of Oct 7–10
Profit Targets – Bearish Side for Euro Futures (6E)
If price breaks back below 1.10575, consider these levels for short-side profit-taking:
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1.1034 – April 7 Value Area High
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1.1007 – Very close to April 7 VWAP
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1.0989 – Near April 3 VWAP
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1.0973 – Close to April 4 Value Area Low
Swing Target:
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1.0923 – Just above the April 2 Value Area High
Strategy Tips from tradeCompass
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One Direction at a Time:
TradeCompass is designed for a maximum of one directional bias per setup. If you hit key targets or a stop, you’re done for that direction. You may then switch sides only if price crosses the opposing threshold. -
Use Partial Profit Targets Wisely:
Instead of swinging for a home run, use the junctions above to scale out profits. This reduces risk and allows for runner trades with tightened stops. -
Manage Risk Like a Pro:
Once the first or second target is hit, consider raising your stop-loss to breakeven to protect your capital while letting the trade develop.
Reminder:
Price is currently bullish, having broken out of a bull flag structure earlier today. As long as we stay above 1.107, bulls have the upper hand.
This is not financial advice
