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
09.04.2025 06:47 AM
How to Trade the EUR/USD Pair on April 9? Simple Tips and Trade Analysis for Beginners
Open trading account Open demo account

Analysis of Tuesday's Trades

1H Chart of EUR/USD

This image is no longer relevant

On Tuesday, the EUR/USD currency pair traded with low volatility throughout the day, mostly moving sideways. However, as we warned, this was merely the calm before the storm. There were no important macroeconomic events in the Eurozone or the U.S., but Donald Trump decided to raise trade tariffs on China by another 50%, as Beijing responded to the initial set of tariffs. All imports from China will be subject to the "Trump tax" of a modest 104%. The madness continued, and the dollar immediately resumed its decline. In the hourly timeframe, the descending trendline was broken, the pair corrected, and the upward movement may continue. As we had previously noted, any new tariffs from Trump are likely to trigger just one thing – further declines in the dollar and the U.S. stock market.

5M Chart of EUR/USD

This image is no longer relevant

In the 5-minute chart, several trading signals were formed on Tuesday, but the market movements throughout the day were choppy and range-bound. Three signals appeared around the 1.0940–1.0952 area, two of which were false. However, the signal near the 1.0888–1.0896 area generated good profits and allowed for holding long positions longer than usual. The announcement about the new tariffs on China came in the evening, so expecting and preparing for another dollar sell-off was justified. As of now, this trade has yielded 155 pips in profit.

Trading Strategy for Wednesday:

On the hourly timeframe, EUR/USD continues its upward trend. How long it will last is unknown, as no one knows how many more trade tariffs Trump will introduce. A further trade war escalation is highly possible, especially since many countries plan to respond to the U.S. with mirrored measures. Trump has already stated that any countermeasures will lead to new tariffs from the U.S.

On Wednesday, markets are likely to remain in a state of shock. We are not making any predictions about market movements. What's happening across global markets right now is difficult to describe in words.

On the 5-minute chart, consider the following levels for trading: 1.0596, 1.0678, 1.0726–1.0733, 1.0797–1.0804, 1.0859–1.0861, 1.0888–1.0896, 1.0940–1.0952, 1.1011, 1.1048, 1.1091, 1.1132–1.1140, 1.1189–1.1191, 1.1275–1.1292.

There will be no macroeconomic background in the U.S. or the Eurozone on Wednesday – not that it matters now. Not even the Fed Minutes due in the evening are relevant now. Everything still revolves around Trump and his trade policy.

Core Trading System Rules:

  1. Signal Strength: The shorter the time it takes for a signal to form (a rebound or breakout), the stronger the signal.
  2. False Signals: If two or more trades near a level result in false signals, subsequent signals from that level should be ignored.
  3. Flat Markets: In flat conditions, pairs may generate many false signals or none at all. It's better to stop trading at the first signs of a flat market.
  4. Trading Hours: Open trades between the start of the European session and the middle of the US session, then manually close all trades.
  5. MACD Signals: On the hourly timeframe, trade MACD signals only during periods of good volatility and a clear trend confirmed by trendlines or trend channels.
  6. Close Levels: If two levels are too close (5–20 pips apart), treat them as a support or resistance zone.
  7. Stop Loss: Set a Stop Loss to breakeven after the price moves 15 pips in the desired direction.

Key Chart Elements:

Support and Resistance Levels: These are target levels for opening or closing positions and can also serve as points for placing Take Profit orders.

Red Lines: Channels or trendlines indicating the current trend and the preferred direction for trading.

MACD Indicator (14,22,3): A histogram and signal line used as a supplementary source of trading signals.

Important Events and Reports: Found in the economic calendar, these can heavily influence price movements. Exercise caution or exit the market during their release to avoid sharp reversals.

Forex trading beginners should remember that not every trade will be profitable. Developing a clear strategy and practicing proper money management are essential for long-term trading success.

Paolo Greco,
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
Technical analysis
Forecast for GBP/USD on June 17, 2025 On the hourly chart, the GBP/USD pair on Monday climbed again to the resistance zone of 1.3611–1.3633, rebounded from it, and turned back in favor of the U.S. dollar. This
Samir Klishi
10:18 2025-06-17 +02:00
1105
Fundamental analysis
Middle East Crisis as a Prelude to Global War... (Limited Downside Possible for Bitcoin and EUR/USD) The missile standoff between the U.S. proxy Israel and Iran continues. Yesterday's unexpected departure of the U.S. president from the G7 summit in Canada sparked speculation that America might engage
Pati Gani
09:04 2025-06-17 +02:00
1255
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

How to Trade the GBP/USD Pair on June 17? Simple Tips and Trade Analysis for Beginners

Analysis of Monday's Trades 1H Chart of GBP/USD On Monday, the GBP/USD pair continued its upward movement. Yet another break of the ascending trendline did not benefit the U.S. dollar
Paolo Greco 06:38 2025-06-17 UTC+2

How to Trade the EUR/USD Pair on June 17? Simple Tips and Trade Analysis for Beginners

Analysis of Monday's Trades 1H Chart of EUR/USD On Monday, the EUR/USD currency pair continued the upward movement that began in the second half of Friday. However, the bulls failed
Paolo Greco 06:38 2025-06-17 UTC+2

Trading Recommendations and Analysis for GBP/USD on June 17: The Pound Doesn't Waste Opportunities

On Monday, as expected, the GBP/USD currency pair also moved upward. In recent weeks, the pair's behavior has been more sideways than upward, but at the same time
Paolo Greco 03:49 2025-06-17 UTC+2

Trading Recommendations and Analysis for EUR/USD on June 17: Geopolitics Played Its Part

The EUR/USD currency pair showed a strong upward movement on Tuesday, just as we expected. No macroeconomic report—major or minor—was published during the day, so the latest decline
Paolo Greco 03:49 2025-06-17 UTC+2

GBP/USD: Trading Plan for the U.S. Session on June 16th (Analysis of the Morning Trades)

In my morning forecast, I focused on the 1.3568 level and planned to base market entry decisions on it. Let's take a look at the 5-minute chart and see what
Miroslaw Bawulski 19:18 2025-06-16 UTC+2

EUR/USD: Trading Plan for the U.S. Session on June 16th (Analysis of the Morning Trades)

In my morning forecast, I focused on the 1.1566 level and planned to make trading decisions based on it. Let's take a look at the 5-minute chart and analyze what
Miroslaw Bawulski 19:14 2025-06-16 UTC+2

How to Trade the GBP/USD Pair on June 16? Simple Tips and Trade Analysis for Beginners

Analysis of Friday's Trades 1H Chart of GBP/USD On Friday, the GBP/USD pair showed movements almost identical to those of the EUR/USD pair. This is because the key factors were
Paolo Greco 07:07 2025-06-16 UTC+2

How to Trade the EUR/USD Pair on June 16? Simple Tips and Trade Analysis for Beginners

Analysis of Friday's Trades 1H Chart of EUR/USD On Friday night, the EUR/USD currency pair experienced a sharp drop, followed by a recovery throughout the rest of the day. Thus
Paolo Greco 07:07 2025-06-16 UTC+2

Trading Recommendations and Analysis for GBP/USD on June 16: The Pound Feels No Resistance from the Dollar

On Friday, the GBP/USD currency pair continued its upward movement. To better understand what's happening with the British pound, it's best to switch to the daily timeframe. There, we observe
Paolo Greco 04:53 2025-06-16 UTC+2

Trading Recommendations and Analysis for EUR/USD on June 16: Will There Be a New Storm on Monday?

During Monday's session, the EUR/USD currency pair moved in both directions. First, there was a sharp decline in quotes (for those who weren't asleep) triggered by Israel's attack on Iran
Paolo Greco 04:53 2025-06-16 UTC+2

Top analytics

Relevance up to 21:00 2025-06-17 UTC--5
EUR/USD Forecast for June 17, 2025
04:51 2025-06-17
Technical analysis
Relevance up to 01:00 2025-06-18 UTC--5
Intraday Strategies for Beginner Traders on June 17
08:23 2025-06-17
Forecast
Relevance up to 20:00 2025-06-17 UTC--5
Trading Recommendations and Analysis for EUR/USD on June 17: Geopolitics Played Its Part
03:49 2025-06-17
Trading plan
Relevance up to 20:00 2025-06-17 UTC--5
EUR/USD Overview – June 17: Safe-Haven Status No Longer Works
03:49 2025-06-17
Fundamental analysis
Relevance up to 22:00 2025-06-18 UTC--5
Technical Analysis of Intraday Price Movement Gold Commodity Instrument, Tuesday June 17, 2025
06:38 2025-06-17
Technical analysis
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.