empty
06.06.2025 03:36 PM
EUR/USD: Trading Plan for the U.S. Session on June 6th (Review of Morning Trades)

In my morning forecast, I highlighted the 1.1407 level and planned to make market entry decisions based on it. Let's look at the 5-minute chart and see what happened. There was a decline toward 1.1407, but no false breakout was formed. The technical picture was not revised for the second half of the day.

This image is no longer relevant

Requirements for Opening Long Positions on EUR/USD:

Despite the positive Eurozone GDP data, which was revised upward, traders preferred to stay on the sidelines. In the second half of the day, we await figures on nonfarm payrolls, the unemployment rate, and average hourly earnings in the U.S. Only very strong readings will renew demand for the dollar and put pressure on the euro. In case of a decline in the pair, the focus will shift to defending the 1.1407 support. A false breakout there, as previously discussed, will be a signal to buy EUR/USD in hopes of updating the high around 1.1453. A breakout and retest of this range would confirm the correct entry point with a target of 1.1490. The ultimate target would be 1.1530, where I would take profit.

If EUR/USD declines and there's no activity around 1.1407, pressure on the pair will quickly increase, leading to a larger drop. In that case, bears could reach 1.1361. I would only look to buy after a false breakout there. Alternatively, I plan to open long positions on a rebound from 1.1314, aiming for an intraday correction of 30–35 points.

Requirements for Opening Short Positions on EUR/USD:

Sellers attempted to push lower during the first half of the day but failed to break below 1.1407. It's best to wait for U.S. data and the market reaction before making decisions. A false breakout around the 1.1453 resistance would be a signal to short with a target at 1.1407, where the moving averages favor the bulls. A breakout and consolidation below this range would be a suitable selling scenario with a move toward 1.1361. The final target would be 1.1314, where I would take profit.

If EUR/USD rises in the second half of the day and bears show no activity around 1.1453, buyers could drive the pair higher, updating the 1.1490 monthly high. I would only sell after a failed breakout there. Alternatively, I plan to open short positions on a rebound from 1.1530, targeting a downward correction of 30–35 points.

This image is no longer relevant

The COT (Commitment of Traders) report dated May 27 showed a decrease in both long and short positions. However, it is clear that the advantage remains on the buyers' side. Traders are preparing for the next ECB meeting, where another rate cut is expected. Many economists believe this will be the last cut before a significant pause in the cycle, which could support the euro in the short term. Add to that the GDP report and U.S. labor market data, and the week promises to be quite volatile. According to the COT report, long non-commercial positions fell by 1,716 to 204,326, while short non-commercial positions dropped by 6,737 to 124,852, narrowing the gap between long and short positions by 2,778.

This image is no longer relevant

Indicator Signals:

Moving Averages

Trading is occurring around the 30- and 50-period moving averages, indicating market uncertainty.

Note: The period and prices of the moving averages considered are on the H1 hourly chart and differ from the classic daily moving averages on the D1 chart.

Bollinger Bands

In case of a decline, the lower band around 1.1421 will serve as support.

Indicator Descriptions:

  • Moving Average (determines the current trend by smoothing volatility and noise), Period – 50, marked in yellow on the chart;
  • Moving Average, Period – 30, marked in green on the chart;
  • MACD Indicator (Moving Average Convergence/Divergence) – Fast EMA: 12-period, Slow EMA: 26-period, SMA: 9-period;
  • Bollinger Bands, Period – 20;
  • Non-commercial traders – Speculators such as individual traders, hedge funds, and large institutions using the futures market for speculative purposes and meeting certain requirements;
  • Long non-commercial positions represent the total long open positions of non-commercial traders;
  • Short non-commercial positions represent the total short open positions of non-commercial traders;
  • Net non-commercial position is the difference between the short and long positions of non-commercial traders.

Recommended Stories

Bagaimana Rekomendasi Trading Pasangan GBP/USD pada 17 Juli? Kiat-kiat Sederhana dan Analisis Trading untuk Pemula

Pada hari Kamis, pasangan GBP/USD juga diperdagangkan dengan volatilitas minimal. Anehnya, ada cukup banyak data menarik yang dirilis kemarin terkait pound Inggris dan dolar AS, tetapi seperti yang telah kami

Paolo Greco 06:13 2025-07-18 UTC+2

Cara Trading Pasangan EUR/USD pada 17 Juli? Tips Sederhana dan Analisis Trading untuk Pemula

Pada hari Kamis, pasangan mata uang EUR/USD trading dalam rentang yang hampir datar dengan volatilitas yang sangat rendah (sekitar 50 pips). Setelah gejolak pada Rabu malam, yang sekali lagi dipicu

Paolo Greco 06:13 2025-07-18 UTC+2

Rekomendasi dan Analisis Trading untuk GBP/USD pada 18 Juli: Berita Buruk untuk Pound Sterling

Pada hari Kamis, pasangan mata uang GBP/USD tetap datar dengan volatilitas minimal. Penurunan saat ini terhenti di sekitar level 1,3369, dan gambaran teknikal sekarang menunjukkan bahwa kenaikan dolar mungkin akan

Paolo Greco 03:56 2025-07-18 UTC+2

Rekomendasi Trading dan Analisis Trading untuk EUR/USD pada 18 Juli: Tenang Setelah Badai

Pada hari Kamis, pasangan mata uang EUR/USD terus mengalami penurunan setelah lonjakan tak terduga pada Rabu malam. Ingatlah bahwa pada Rabu malam, diketahui bahwa Donald Trump kembali ingin memecat Jerome

Paolo Greco 03:56 2025-07-18 UTC+2

Rekomendasi Trading dan Analisis Trading untuk GBP/USD pada 17 Juli: Inflasi Inggris Tidak Menarik Perhatian Siapa Pun

Pada hari Rabu, pasangan mata uang GBP/USD terus mengalami penurunan sepanjang sebagian besar hari, hingga terjadi lonjakan yang tidak dapat dijelaskan pada malam hari. Ingatlah bahwa pada hari Selasa, laporan

Paolo Greco 03:21 2025-07-17 UTC+2

Rekomendasi dan Analisis Trading untuk EUR/USD pada 17 Juli: Dolar Terus Menguat

Pada hari Rabu, pasangan mata uang EUR/USD terus bergerak turun, tetapi pada malam hari tiba-tiba melonjak naik. Sekali lagi, tidak ada alasan atau dasar yang jelas untuk penurunan pasangan

Paolo Greco 03:21 2025-07-17 UTC+2

Bagaimana Cara Trading Pasangan GBP/USD pada 16 Juli? Tips Sederhana dan Analisis Trading untuk Pemula

Pada hari Selasa, pasangan GBP/USD juga anjlok setelah rilis laporan inflasi AS. Dalam beberapa minggu terakhir, pound Inggris menunjukkan penurunan yang lebih tajam dibandingkan euro; namun, kedua pasangan mata uang

Paolo Greco 07:30 2025-07-16 UTC+2

Bagaimana Rekomendasi Trading Pasangan EUR/USD pada 16 Juli? Kiat-kiat Sederhana dan Analisis Trading untuk Pemula

Pada hari Selasa, pasangan mata uang EUR/USD anjlok tajam setelah rilis laporan inflasi AS. Seperti kata pepatah, tidak ada yang memprediksikan masalah. Selama beberapa hari berturut-turut, para trader gagal menembus

Paolo Greco 07:30 2025-07-16 UTC+2

Rekomendasi dan Analisis Trading untuk GBP/USD pada 16 Juli. Pasar Menggunakan Faktor Formal Lain

Pada hari Selasa, pasangan mata uang GBP/USD melanjutkan pergerakan turunnya. Meskipun inflasi inti di AS naik sesuai dengan perkiraan—dan level inti bahkan meningkat lebih lambat dari yang diharapkan—pasar entah bagaimana

Paolo Greco 04:22 2025-07-16 UTC+2

Rekomendasi dan Analisis Trading untuk EUR/USD pada 16 Juli. Inflasi AS Tidak Mengejutkan tetapi Mengonfirmasi Ketakutan

Sepanjang hari Selasa, pasangan mata uang EUR/USD terus diperdagangkan dengan volatilitas minimal, bergerak mendatar. Laporan produksi industri Zona Euro menunjukkan angka yang relatif kuat untuk bulan Mei, tetapi mata uang

Paolo Greco 04:22 2025-07-16 UTC+2
Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat 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.