empty
21.04.2025 07:29 PM
EURUSD: Simple Trading Tips for Beginner Traders on April 21st (U.S. Session)

Trade Breakdown and Tips for Trading the Euro

The price test at 1.1545 occurred when the MACD indicator had already moved far above the zero line, which limited the pair's upward potential. For that reason, I did not buy the euro.

The lack of data from the eurozone allowed the euro to continue rising. In the second half of the day, the speech by Chicago Federal Reserve Bank President Austan Goolsbee will be the key event, offering insight into the current views of FOMC members regarding the future of interest rates. Market participants will closely analyze any clues on whether Goolsbee holds a more hawkish or dovish stance and what factors he considers most important in setting monetary policy.

The publication of the Leading Economic Index is not a major event for the currency market. This index is traditionally seen as a forecast of future economic activity. A decline in the index may indicate a slowdown in economic growth, while an increase suggests a potential acceleration.

As for the intraday strategy, I will focus on implementing Scenario #1 and Scenario #2.

This image is no longer relevant

Buy Signal

Scenario #1: Today, I plan to buy the euro when the price reaches the 1.1557 area (green line on the chart) with the goal of rising to 1.1608. At 1.1608, I plan to exit long trades and open short positions in the opposite direction, targeting a 30–35 point move from the entry point. Continued euro growth is expected in line with the new upward trend. Important! Before buying, make sure the MACD indicator is above the zero line and just beginning to rise from it.

Scenario #2: I also plan to buy the euro today in case of two consecutive tests of the 1.1521 level, at a time when the MACD indicator is in oversold territory. This will limit the downward potential of the pair and trigger a bullish reversal. Growth to opposite levels of 1.1557 and 1.1608 can then be expected.

Sell Signal

Scenario #1: I plan to sell the euro after the price reaches 1.1521 (red line on the chart). The target will be 1.1465, where I intend to exit short trades and immediately buy in the opposite direction (targeting a 20–25 point rebound from the level). However, pressure on the pair is unlikely to return today. Important! Before selling, make sure the MACD indicator is below the zero line and just starting to move downward from it.

Scenario #2: I also plan to sell the euro today in case of two consecutive tests of the 1.1557 level when the MACD indicator is in overbought territory. This will limit the pair's upward potential and trigger a bearish reversal. A decline to the opposite levels of 1.1521 and 1.1465 can be expected.

This image is no longer relevant

What's on the chart:

  • Thin green line – entry price at which the trading instrument can be bought;
  • Thick green line – suggested price where you can place Take Profit or manually secure profit, as growth beyond this level is unlikely;
  • Thin red line – entry price at which the trading instrument can be sold;
  • Thick red line – suggested price where you can place Take Profit or manually secure profit, as a decline below this level is unlikely;
  • MACD Indicator – When entering the market, it is important to consider overbought and oversold zones.

Important Note for Beginner Forex Traders

Beginner traders should be very cautious when making market entry decisions. Before the release of important fundamental data, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during news releases, always use stop-loss orders to minimize losses. Without using stop-losses, you can quickly lose your entire deposit, especially if you don't practice money management and trade with large volumes.

And remember: to trade successfully, you must have a clear trading plan—like the one I've presented above. Spontaneous decisions based on current market conditions are, by default, a losing strategy for intraday trading.

Jakub Novak,
Especialista em análise na InstaForex
© 2007-2025
Selecionar intervalo de tempo
5
min
15
min
30
min
1
hora
4
horas
1
dia
1
s.
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO

Recommended Stories

GBP/USD: Dicas simples de negociação para traders iniciantes em 12 de junho (sessão dos EUA)

O teste do nível de preço de 1,3570 durante a primeira metade do dia coincidiu com o indicador MACD começando a se mover para baixo a partir da linha zero

Jakub Novak 22:47 2025-06-12 UTC+2

USD/JPY: Dicas simples de negociação para traders iniciantes em 12 de junho (sessão dos EUA)

O teste do nível de preço em 143,75 na primeira metade do dia ocorreu justamente quando o indicador MACD já havia se afastado significativamente da linha zero, o que limitou

Jakub Novak 22:33 2025-06-12 UTC+2

EUR/USD: Dicas simples de negociação para traders iniciantes em 12 de junho. Análise das negociações Forex de ontem

O teste de preço em 1,1441 coincidiu com o momento em que o indicador MACD começou a subir a partir da linha zero, confirmando o ponto de entrada ideal para

Jakub Novak 22:08 2025-06-12 UTC+2

Ajuste dos níveis e alvos para a sessão dos EUA em 12 de junho

Os dólares australiano e canadense tiveram um bom desempenho hoje usando a estratégia de reversão à média, enquanto a estratégia de momentum teria funcionado bem com a libra esterlina

Miroslaw Bawulski 18:13 2025-06-12 UTC+2

Teto do preço do petróleo, sanções e julgamentos. O petróleo se torna o centro de um novo nó geopolítico

Petróleo de volta aos holofotes Os contratos futuros do Brent ultrapassaram a marca de US$ 67,5 por barril nesta quarta-feira, atingindo o maior nível em oito semanas. Vários fatores contribuíram

Anna Zotova 18:16 2025-06-11 UTC+2

EUR/USD: Dicas simples de negociação para traders iniciantes em 11 de junho. Análise das negociações Forex de ontem

O teste do nível de 1,1440 ocorreu quando o indicador MACD já havia subido significativamente acima da linha zero, limitando o potencial de alta do par. Por esse motivo

Jakub Novak 16:26 2025-06-11 UTC+2

USD/JPY: Dicas simples de negociação para traders iniciantes em 10 de junho. Revisão das negociações de Forex de ontem

O teste do nível de 144,21 ocorreu quando o indicador MACD começou a subir a partir da linha zero. Isso confirmou um ponto de entrada válido para a compra

Jakub Novak 15:43 2025-06-10 UTC+2

GBP/USD: Dicas simples de negociação para traders iniciantes em 10 de junho. Revisão das negociações de Forex de ontem

O teste do nível de 1,3562 na segunda metade do dia coincidiu com o início do movimento de queda do indicador MACD a partir da linha zero, o que confirmou

Jakub Novak 15:04 2025-06-10 UTC+2

EUR/USD: Dicas simples de negociação para traders iniciantes em 10 de junho. Revisão das negociações de Forex de ontem

O teste de preço em 1,1420 ocorreu exatamente quando o indicador MACD começou a se mover para baixo a partir da marca zero, confirmando um ponto de entrada válido para

Jakub Novak 14:47 2025-06-10 UTC+2
Não pode falar agora?
Faça sua pergunta no chat.
Widget callback
 

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.