empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
14.04.2025 06:53 PM
EUR/USD: Simple Trading Tips for Beginner Traders – April 14th (U.S. Session)
Open trading account Open demo account

Trade analysis and advice for the euro currency

The price test of 1.1397 occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's upward potential. Given the lack of Eurozone statistics, I decided not to buy the euro—and that turned out to be the right decision, as there was no real upward movement.

Today, during the U.S. trading session, attention will be focused on speeches from FOMC members Thomas Barkin and Christopher Waller. The key interest lies in their interpretation of the latest inflation data and possible scenarios for future monetary policy. The market will closely analyze every statement, aiming to assess whether Federal Reserve officials are leaning more dovish or hawkish. Any signals indicating potential rate cuts—or a pause in tightening—could trigger significant volatility in financial markets.

Since there are no other economic reports besides Fed commentary, if their statements are generic, market volatility could drop considerably.

As for the intraday strategy, I'll mainly focus on scenarios #1 and #2.

This image is no longer relevant

Buy Signal

Scenario #1: Buy the euro today upon reaching 1.1416 (green line on the chart), with a target at 1.1500. At 1.1500, I plan to exit the market and also consider reversing the trade by selling the euro, aiming for a 30–35 point pullback from the entry point. The euro's upside today hinges on the continuation of the current bullish trend. Important: Before buying, make sure the MACD is above the zero line and just beginning to rise from it.

Scenario #2: I also plan to buy the euro today in the event of two consecutive tests of 1.1348, when the MACD is in the oversold zone. This would limit the pair's downward potential and trigger a market reversal to the upside. You can expect a rally toward 1.1416 and 1.1500.

Sell Signal

Scenario #1: I plan to sell the euro after it reaches 1.1348 (red line on the chart), targeting 1.1259, where I intend to exit and open a buy position in the opposite direction (expecting a 20–25 point move back up). Downward pressure could return if the Fed members take a hawkish stance. Important: Before selling, make sure the MACD is below the zero line and just beginning to decline from it.

Scenario #2: I also plan to sell the euro if it tests 1.1416 twice, with the MACD in the overbought zone. This would limit the pair's upward potential and lead to a reversal downward. A decline toward 1.1348 and 1.1259 can then be expected.

This image is no longer relevant

Chart Legend:

  • Thin green line – Entry price for buying the trading instrument.
  • Thick green line – Suggested Take Profit level or area to manually fix profits, as further growth above this level is unlikely.
  • Thin red line – Entry price for selling the trading instrument.
  • Thick red line – Suggested Take Profit level or area to manually fix profits, as further decline below this level is unlikely.
  • MACD Indicator – For market entry, it's essential to use overbought and oversold zones as a guide.

Important Notes for Beginner Forex Traders:

Be extremely cautious when making entry decisions. It's best to stay out of the market ahead of important economic reports to avoid sharp price swings. If you choose to trade during news releases, always set stop-loss orders to minimize losses. Without stop-loss protection, you can quickly lose your entire deposit—especially if you don't follow proper money management and trade large volumes.

And remember: successful trading requires a clear plan, like the one presented above. Spontaneous decisions based on the current market mood are usually a losing strategy for intraday traders.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Wave analysis
EUR/USD Analysis on April 23, 2025 The wave structure on the 4-hour chart for EUR/USD has transitioned into a bullish, impulsive formation. I believe no one doubts that this transformation occurred solely
Chin Zhao
18:44 2025-04-23 +02:00
1360
Wave analysis
GBP/USD Analysis on April 23, 2025 The wave structure on the GBP/USD chart has also shifted to a bullish, impulsive form — "thanks" to Donald Trump. The wave pattern is nearly identical to that of EUR/USD
Chin Zhao
18:40 2025-04-23 +02:00
1180
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

USD/JPY: Simple Trading Tips for Beginner Traders on April 23rd (US Session)

Trade Review and USD/JPY Trading Advice There were no tests of the levels I marked in the first half of the day. In the second half of the day, investors
Jakub Novak 18:33 2025-04-23 UTC+2

GBPUSD: Simple Trading Tips for Beginner Traders on April 23rd (US Session)

Trade Breakdown and Trading Advice for the British Pound The test of the 1.3325 level occurred just as the MACD indicator began moving upward from the zero line, confirming
Jakub Novak 18:29 2025-04-23 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on April 23rd (US Session)

Trade Breakdown and Tips for Trading the Euro The test of the 1.1405 price level occurred just as the MACD indicator began moving upward from the zero line, confirming
Jakub Novak 18:26 2025-04-23 UTC+2

EUR/USD. Analysis and Forecast

The EUR/USD pair is showing intriguing behavior, especially given the current economic conditions—dropping to a weekly low during the Asian session before recovering later. The primary factor weighing on EUR/USD
Irina Yanina 11:43 2025-04-23 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders on April 23. Review of Yesterday's Forex Trades

The price test at 140.68 occurred when the MACD indicator had already moved significantly above the zero line, which, in my view, limited the pair's upside potential. For this reason
Jakub Novak 08:48 2025-04-23 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on April 23. Review of Yesterday's Forex Trades

The test of the 1.3356 price level coincided with the moment when the MACD indicator had just started moving downward from the zero mark, confirming a correct entry point
Jakub Novak 08:48 2025-04-23 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on April 23. Review of Yesterday's Forex Trades

The test of the 1.1460 price level in the second half of the day coincided with the MACD indicator starting to move downward from the zero line, confirming the correct
Jakub Novak 08:48 2025-04-23 UTC+2

Intraday Strategies for Beginner Traders on April 23

The Euro and the Pound plummeted, along with several other risk-sensitive assets paired with the US dollar—and there were objective reasons for this. Yesterday, Donald Trump stated he was ready
Miroslaw Bawulski 08:48 2025-04-23 UTC+2

Oil is falling, Trump is angry, Powell is silent – who will blink first?

Oil and gas continue to play by the rules of big politics. Every Trump statement, every Federal Reserve decision, and every new move from China is like a new card
Anna Zotova 00:09 2025-04-23 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders – April 22nd (U.S. Session)

Trade Breakdown and Trading Tips for the Japanese Yen The first test of the 140.35 level occurred just as the MACD indicator began to move upward from the zero line
Jakub Novak 19:47 2025-04-22 UTC+2

Top analytics

Relevance up to 05:00 2025-04-28 UTC--4
The Likelihood of a Euro Reversal to the South Is Increasing
12:01 2025-04-23
Fundamental analysis
Relevance up to 02:00 2025-04-24 UTC--4
GBP/USD: Simple Trading Tips for Beginner Traders on April 23. Review of Yesterday's Forex Trades
08:48 2025-04-23
Forecast
Relevance up to 02:00 2025-04-24 UTC--4
USD/JPY: Simple Trading Tips for Beginner Traders on April 23. Review of Yesterday's Forex Trades
08:48 2025-04-23
Forecast
Relevance up to 12:00 2025-04-24 UTC--4
EUR/USD Analysis on April 23, 2025
18:44 2025-04-23
Wave analysis
Relevance up to 06:00 2025-04-24 UTC--4
US Market News Digest for April 23
12:17 2025-04-23
News
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

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 InstaForex anyway.

We are sorry for any inconvenience caused by this message.