empty
28.01.2025 02:06 PM
EUR/USD: Simple Trading Tips for Beginner Traders on January 28th (U.S. Session)

Trade Analysis and Tips for the Euro

The test of the 1.0433 level coincided with the MACD indicator just starting to move downward from the zero mark, confirming a valid sell entry to continue the morning trend. However, as seen on the chart, after a 10-point drop, bearish pressure on the euro weakened.

The decline in interest in the euro is evident. This can be attributed not only to political maneuvers but also to broader economic trends. Increased volatility in financial markets has led investors to favor more stable assets, such as the US dollar. This creates additional pressure on the euro, prompting many to revise their forecasts for the pair's direction. Moreover, the disparity in economic indicators between the Eurozone and the US plays a significant role. While the US economy shows strong growth, some European countries are grappling with recession and instability.

Later today, key US economic reports are expected, including the Consumer Confidence Index, Durable Goods Orders, the Richmond Fed Manufacturing Index, and the Housing Price Index. Strong statistics could bolster the dollar. The Consumer Confidence Index is a key indicator reflecting consumer sentiment and willingness to spend. High confidence levels can signal increased consumer spending, positively impacting the economy and strengthening the dollar.

For intraday strategies, I will focus on implementing Scenario #1 and Scenario #2.

This image is no longer relevant

Buy Signal

Scenario #1: Buy the euro today upon reaching the 1.0445 level (green line on the chart) with a target of 1.0491. I plan to exit the market at 1.0491 and open a sell position in the opposite direction, aiming for a 30-35 point retracement. Expect euro growth today only if US data comes in weak.Important: Before buying, ensure the MACD indicator is above the zero mark and just beginning to rise.

Scenario #2: I also plan to buy the euro today if there are two consecutive tests of the 1.0421 level while the MACD indicator is in the oversold area. This will limit the pair's downward potential and trigger a reversal upward. The expected targets are 1.0445 and 1.0491.

Sell Signal

Scenario #1: Sell the euro after the price reaches the 1.0421 level (red line on the chart). The target will be 1.0387, where I plan to exit the market and immediately buy in the opposite direction, aiming for a 20-25 point retracement. Bearish pressure on the pair could return at any time, especially after strong US data.Important: Before selling, ensure the MACD indicator is below the zero mark and just beginning to decline.

Scenario #2: I also plan to sell the euro today if there are two consecutive tests of the 1.0445 level while the MACD indicator is in the overbought area. This will limit the pair's upward potential and trigger a reversal downward. The expected targets are 1.0421 and 1.0387.

This image is no longer relevant

Chart Legend

  • Thin green line: Entry price for buying the instrument.
  • Thick green line: Target price where Take Profit orders can be placed or profits can be manually secured, as further growth beyond this level is unlikely.
  • Thin red line: Entry price for selling the instrument.
  • Thick red line: Target price where Take Profit orders can be placed or profits can be manually secured, as further decline beyond this level is unlikely.
  • MACD Indicator: When entering the market, consider overbought and oversold zones.

Important Note for Beginner Forex Traders

Beginner traders should approach market entry decisions with caution. It's better to stay out of the market ahead of major fundamental reports to avoid sudden price swings. If you decide to trade during news releases, always set Stop-Loss orders to minimize losses. Without Stop-Loss protection, you risk losing your entire deposit quickly, especially when trading large volumes without proper risk management.

Finally, successful trading requires a clear trading plan, such as the one outlined above. Spontaneous trading decisions based on current market conditions are a losing strategy for intraday traders.

Pilih carta masa
5
min
15
min
30
min
1
jam
4
jam
1
hari
1
minggu
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN

Artikel yang dicadangkan

USD/JPY: Tip Ringkas untuk Pedagang Baharu pada 21 Februari. Analisis Dagangan Forex Semalam

Ujian harga pada 149.80 berlaku apabila penunjuk MACD telah bergerak jauh ke bawah dari tanda sifar, yang pada pendapat saya, menghadkan potensi penurunan lebih lanjut pasangan ini. Oleh itu, saya

Jakub Novak 08:02 2025-02-21 UTC+2

Strategi Harian untuk Pedagang Baharu pada 21 Februari

Euro, pound, dan aset berisiko lain kembali pulih, sementara dolar AS kehilangan semua kekuatannya. Usaha aktif AS untuk menyelesaikan konflik Rusia-Ukraine dan mengurangkan ketegangan geopolitik hanya meningkatkan selera risiko. Laporan

Miroslaw Bawulski 07:22 2025-02-21 UTC+2

USD/JPY: Petua Dagangan Ringkas kepada Pedagang Baharu pada 20 Februari (Sesi Urusniaga Amerika Syarikat)

Analisis dan Cadangan Dagangan untuk Yen Jepun Ujian pertama pada 150.03 berlaku apabila penunjuk MACD telah bergerak jauh ke bawah dari paras sifar, mengehadkan potensi penurunan pasangan mata wang

Jakub Novak 14:22 2025-02-20 UTC+2

GBP/USD: Petua Dagangan Ringkas kepada Pedagang Baharu pada 20 Februari (Sesi Urusniaga Amerika Syarikat)

Analisis Dagangan dan Cadangan untuk Pound British Ujian pada paras 1.2601 berlaku tepat apabila penunjuk MACD mula bergerak ke atas dari tanda sifar, mengesahkan isyarat belian yang sah dan membawa

Jakub Novak 14:18 2025-02-20 UTC+2

EUR/USD: Petua Dagangan Ringkas kepada Pedagang Baharu pada 20 Februari (Sesi Urusniaga Amerika Syarikat)

Analisis Dagangan dan Cadangan untuk Euro Ujian pada paras 1.0440 pada separuh pertama hari ini bertepatan dengan penunjuk MACD yang baru mula naik dari paras sifar, mengesahkan titik kemasukan yang

Jakub Novak 14:15 2025-02-20 UTC+2

XAU/USD. Analisis dan Ramalan

Emas meneruskan momentum kenaikan yang kukuh, mencapai paras tertinggi sepanjang masa melebihi $2,950. Lonjakan ini didorong oleh kebimbangan bahawa cadangan tarif Presiden AS Donald Trump boleh mencetuskan perang perdagangan global

Irina Yanina 11:44 2025-02-20 UTC+2

USD/JPY: Petua Dagangan Ringkas kepada Pedagang Baharu pada 20 Februari. Analisis Dagangan Forex Semalam

Analisis Dagangan dan Petua Dagangan untuk Yen Jepun Ujian harga di paras 151.73 berlaku apabila penunjuk MACD mula bergerak menurun dari tanda sifar, mengesahkan isyarat jual yang sah untuk dolar

Jakub Novak 08:06 2025-02-20 UTC+2

GBP/USD: Petua Dagangan Ringkas kepada Pedagang Baharu pada 20 Februari. Analisis Dagangan Forex Semalam

Analisis Dagangan dan Petua Dagangan untuk Pound British Ujian harga di paras 1.2595 berlaku apabila penunjuk MACD telah pun meningkat dengan ketara di atas tanda sifar, mengehadkan potensi kenaikan pasangan

Jakub Novak 08:06 2025-02-20 UTC+2

EUR/USD: Petua Dagangan Ringkas kepada Pedagang Baharu pada 20 Februari. Analisis Dagangan Forex Semalam

Analisis Dagangan dan Petua Dagangan untuk Euro Ujian harga di paras 1.0415 berlaku apabila penunjuk MACD telah pun jatuh dengan ketara daripada tanda sifar, yang mengehadkan potensi penurunan pasangan mata

Jakub Novak 08:05 2025-02-20 UTC+2

Strategi Intraday untuk Pedagang Baharu pada 20 Februari

Euro dan pound terus bergelut untuk mendapatkan momentum, dengan setiap sesi mencatatkan paras terendah mingguan baharu. Ini menunjukkan kemungkinan besar bahawa pembetulan menurun yang sedang berlangsung boleh berkembang menjadi sesuatu

Miroslaw Bawulski 06:02 2025-02-20 UTC+2
Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula 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.