empty
06.03.2024 09:43 AM
Tips for trading EUR/USD

EUR/USD bouncing back to the breakdown area after a downward movement gives market players a chance to open short positions at very good prices.

This image is no longer relevant

Sell euro and work for a pullback towards the breakdown area. Then, set stop-loss at 1.08765, and take profit upon the breakdown of 1.08414, 1.08382, and 1.08251.

The trading idea follows the framework of the "Price Action" and "Stop Hunting" strategies.

Good luck in trading and don't forget to control the risks! Have a nice day.

Andrey Shevchenko,
Analytical expert of InstaTrade
© 2007-2025

Recommended Stories

How to Trade the GBP/USD Pair on July 4? Simple Tips and Trade Analysis for Beginners

Analysis of Thursday's Trades 1H Chart of GBP/USD On Thursday, the GBP/USD pair once again plummeted, but this time the drop in the British currency lasted only five minutes

Paolo Greco 07:16 2025-07-04 UTC+2

How to Trade the EUR/USD Pair on July 4? Simple Tips and Trade Analysis for Beginners

Analysis of Thursday's Trades 1H Chart of EUR/USD The EUR/USD currency pair traded throughout Thursday, both before and after the publication of the U.S. Nonfarm Payrolls and unemployment data

Paolo Greco 06:34 2025-07-04 UTC+2

Trading Recommendations and Analysis for GBP/USD on July 4: The Dollar Rose — and Then Fell Again

The GBP/USD currency pair on Thursday showed nearly identical movements to the EUR/USD pair. This is not surprising, as over the last five months it's not the euro

Paolo Greco 03:56 2025-07-04 UTC+2

Trading Recommendations and Analysis for EUR/USD on July 4: U.S. Independence Day

The EUR/USD currency pair traded quite expressively on Thursday. For most of the day, we observed a low-volatility sideways movement, and as soon as U.S. labor market and unemployment data

Paolo Greco 03:56 2025-07-04 UTC+2

GBP/USD: Trading Plan for the U.S. Session on July 3rd (Review of Morning Trades)

In my morning forecast, I focused on the 1.3659 level and planned to make trading decisions based on it. Let's look at the 5-minute chart and review what happened

Miroslaw Bawulski 15:34 2025-07-03 UTC+2

EUR/USD: Trading Plan for the U.S. Session on July 3rd (Review of Morning Trades)

In my morning forecast, I highlighted the 1.1784 level as the key reference point for market entry. Let's take a look at the 5-minute chart and analyze what happened there

Miroslaw Bawulski 15:29 2025-07-03 UTC+2

How to Trade the GBP/USD Pair on July 3? Simple Tips and Trade Analysis for Beginners

Analysis of Wednesday's Trades 1H Chart of GBP/USD On Wednesday, the GBP/USD pair plunged like a stone dropped from a skyscraper, prompting currency analysts to immediately search for the reasons

Paolo Greco 06:53 2025-07-03 UTC+2

How to Trade the EUR/USD Pair on July 3? Simple Tips and Trade Analysis for Beginners

Analysis of Wednesday's Trades 1H Chart of EUR/USD On Wednesday, the EUR/USD currency pair attempted to begin a new round of downward correction, and the result of this attempt

Paolo Greco 06:33 2025-07-03 UTC+2

Trading Recommendations and Analysis for GBP/USD on July 3: Manipulation for the Sake of a New Rally?

On Wednesday, the GBP/USD currency pair crashed for no apparent reason. There was no major news in either the UK or the US that could have triggered a nearly 200-point

Paolo Greco 03:45 2025-07-03 UTC+2

Trading Recommendations and Analysis for EUR/USD on July 3: The Euro Holds Up, the Pound Plunges

On Wednesday, the EUR/USD currency pair declined slightly but generally showed no inclination to follow the British pound, which had crashed by nearly 200 points. The euro remained above

Paolo Greco 03:45 2025-07-03 UTC+2
Can't speak right now?
Ask your question in the chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.