empty
04.07.2025 06:52 PM
EUR/USD: Simple Trading Tips for Beginner Traders – July 4th (U.S. Session)

Trade Analysis and Recommendations for the Euro

No tests of the levels I indicated took place during the first half of the day.

In the morning, the pair's upside was limited by weak industrial order data from Germany and retail sales figures from Italy. Low market volatility didn't allow prices to reach any of the specified levels, so I remained out of the market.

During the U.S. trading session, price fluctuations may narrow even further, as markets are closed in observance of Independence Day in the United States. This will significantly reduce trading volume, potentially slowing price dynamics and confining the pair within tight ranges. Market participants are advised to remain cautious and avoid risky tactics.

For intraday strategy, I will primarily rely on Scenarios #1 and #2.

This image is no longer relevant

Buy Signal

Scenario #1:Today, buying the euro is possible after a price reaches the level of 1.1787 (green line on the chart), with a target of rising to 1.1822. At 1.1822, I plan to exit the market and sell the euro in the opposite direction, aiming for a 30–35 point move from the entry point. A significant upward move in the euro today is unlikely.Important: Before buying, make sure the MACD indicator is above the zero line and just starting to rise from it.

Scenario #2:I also plan to buy the euro if the price tests 1.1765 twice consecutively, while the MACD indicator is in the oversold zone. This will limit the pair's downward potential and lead to a reversal upward. A move toward the opposite levels of 1.1787 and 1.1822 can be expected.

Sell Signal

Scenario #1:I plan to sell the euro after the price reaches 1.1765 (red line on the chart). The target will be 1.1728, where I plan to exit the market and buy in the opposite direction, aiming for a 20–25 point move in the other direction. Selling pressure is unlikely to return today.Important: Before selling, make sure the MACD indicator is below the zero line and just starting to decline.

Scenario #2:I also plan to sell the euro if the price tests 1.1787 twice consecutively while the MACD indicator is in the overbought zone. This will limit the pair's upward potential and lead to a reversal downward. A move toward the opposite levels of 1.1765 and 1.1728 can be expected.

Chart Legend:

  • Thin green line – entry price for buying the instrument
  • Thick green line – suggested level for placing Take Profit or manually locking in profit, as growth above this point is unlikely
  • Thin red line – entry price for selling the instrument
  • Thick red line – suggested level for placing Take Profit or manually locking in profit, as a decline below this point is unlikely
  • MACD Indicator – when entering the market, use the overbought and oversold zones as a guide

Important:Beginner Forex traders must make market entry decisions very carefully. It's best to stay out of the market before the release of major fundamental reports to avoid sharp price swings. If you choose to trade during news releases, always use stop-loss orders to minimize losses. Without them, you could quickly lose your entire deposit—especially if you're not using money management and trading large volumes.

Remember, successful trading requires a clear plan like the one outlined above. Making spontaneous trading decisions based on current market conditions is a losing strategy for any intraday trader.

Jakub Novak,
Analytical expert of InstaTrade
© 2007-2025

Recommended Stories

USD/JPY: Simple Trading Tips for Beginner Traders – July 18th (U.S. Session)

Trade Review and Guidance for Trading the Japanese Yen The test of the 148.61 price level occurred when the MACD indicator had already moved significantly below the zero line, which

Jakub Novak 20:26 2025-07-18 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders – July 18th (U.S. Session)

Trade Review and Tips for Trading the British Pound The test of the 1.3429 price level coincided with the MACD indicator just beginning to move upward from the zero line

Jakub Novak 20:07 2025-07-18 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders – July 18th (U.S. Session

Trade Review and Tips for Trading the Euro The test of the 1.1630 price level coincided with a moment when the MACD indicator had already moved significantly above the zero

Jakub Novak 20:00 2025-07-18 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders on July 18. Analysis of Yesterday's Forex Trades

The test of the 148.53 price level occurred when the MACD indicator had already dropped significantly below the zero mark, which limited the pair's downside potential. A short time later

Jakub Novak 08:27 2025-07-18 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on July 18. Analysis of Yesterday's Forex Trades

The test of the 1.3409 price level occurred when the MACD indicator had just begun moving up from the zero mark, confirming a valid entry point for buying the pound

Jakub Novak 08:27 2025-07-18 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on July 18. Analysis of Yesterday's Forex Trades

The test of the 1.1575 level occurred when the MACD indicator had already moved significantly below the zero mark, which limited the pair's downside potential. For that reason

Jakub Novak 08:27 2025-07-18 UTC+2

Intraday Strategies for Beginner Traders on July 18

The euro and the pound recovered slightly by the end of yesterday's session, as the U.S. dollar failed to receive significant support following the release of economic data and comments

Miroslaw Bawulski 07:45 2025-07-18 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders – July 17th (U.S. Session)

Trade Analysis and Tips for the Japanese Yen The price test at 148.43 coincided with the moment when the MACD indicator had just begun moving downward from the zero line

Jakub Novak 19:03 2025-07-17 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders – July 17th (U.S. Session)

Trade Analysis and Tips for the British Pound The price test at 1.3381 occurred when the MACD indicator had just begun moving downward from the zero line, confirming a correct

Jakub Novak 18:57 2025-07-17 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders – July 17th (U.S. Session)

Trade Analysis and Tips for the Euro The price test at 1.1612 coincided with the MACD indicator just beginning to move down from the zero line, which confirmed a valid

Jakub Novak 18:49 2025-07-17 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.