empty
25.04.2025 07:06 AM
How to Trade the EUR/USD Pair on April 25? Simple Tips and Trade Analysis for Beginners

Analysis of Thursday's Trades

1H Chart of EUR/USD

This image is no longer relevant

On Thursday, the EUR/USD currency pair traded with a slight upward bias, although it would have been more logical to see a decline in the second half of the day. No significant events, reports, or announcements from Trump in the first half impacted the market. However, a fairly significant report on U.S. durable goods orders was released in the second half, showing a 9.2% increase in March versus a forecast of +2.0%. Did anyone see any market reaction or dollar strength? It's a rhetorical question, and the answer confirms that the market currently pays no attention to macroeconomic data. The dollar began to strengthen overnight, but overall, the pair has returned to the sideways channel of 1.1275–1.1424 established earlier in the week. Thus, the dollar may rise freely to 1.1275, but further growth raises serious doubts.

5M Chart of EUR/USD

This image is no longer relevant

In the 5-minute timeframe, price movements remain far from ideal. One decent trading signal was formed yesterday. At the beginning of the European session, the price bounced off the 1.1330 level and then spent the rest of the day in an uptrend. This buy trade could have been manually closed in the evening, as the target level was not reached. The profit totaled about 35 pips. However, it's worth remembering that market movements remain highly erratic and chaotic. Strong, clean signals are now the exception rather than the rule.

Trading Strategy for Friday:

In the hourly timeframe, EUR/USD maintains its upward trend. The new week began with a rally, but by Tuesday, Trump had triggered a decline. The market remains extremely negative toward the U.S. dollar and all things American. However, if Trump shifts toward de-escalating the trade conflict he initiated, the dollar may improve its standing soon.

On Friday, the pair could move in either direction again, as Trump's statements and decisions still drive market moves. No one can predict what the U.S. president will say today, and the market continues to ignore macroeconomic data.

On the 5-minute chart, consider trading levels at 1.0940–1.0952, 1.1011, 1.1091, 1.1132–1.1140, 1.1189–1.1191, 1.1275–1.1292, 1.1330, 1.1413–1.1424, 1.1474–1.1481, 1.1513, 1.1548, 1.1571, 1.1607–1.1622, 1.1666, 1.1689. No news is expected from the Eurozone on Friday. In the U.S., the University of Michigan Consumer Sentiment Index will be released, but we highly doubt the market will pay any attention to this report.

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.

Note for Beginner Forex Traders: Not every trade can be profitable. Developing a clear strategy and sound money management is key to long-term success in trading.

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
  • 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 Currency Pair on July 9th: Simple Tips and Trade Analysis for Beginners

On Tuesday, the GBP/USD pair continued its moderate downward movement, which is clearly of a technical and corrective nature. On both Monday and Tuesday, there were no significant macroeconomic events

Paolo Greco 08:46 2025-07-09 UTC+2

How to Trade the EUR/USD Currency Pair on July 9th? Simple Tips and Trade Breakdown for Beginners

On Tuesday, the EUR/USD currency pair continued its mild downward movement in line with the prevailing trend. After a fairly strong upward move, the market began a correction. The nature

Paolo Greco 08:28 2025-07-09 UTC+2

Trading Recommendations and Trade Review for GBP/USD on July 9th

The GBP/USD pair extended last week's decline throughout Tuesday. As a reminder, the U.S. dollar had multiple factors supporting its potential strength last week, but it appreciated on only

Paolo Greco 07:35 2025-07-09 UTC+2

Trading Recommendations and Trade Review for EUR/USD on July 9th

The EUR/USD pair continued to decline on Tuesday, even though there was no fundamental justification for the dollar's growth. It was reported that Donald Trump decided to raise tariffs

Paolo Greco 07:09 2025-07-09 UTC+2

How to Trade the GBP/USD Currency Pair on July 8TH? Simple Tips and Trade Analysis for Beginners

Monday Trade Analysis: GBP/USD 1H chart On Monday, the GBP/USD pair was clearly trading sideways. On the hourly timeframe, it consolidated below the ascending trendline, but in our view, this

Paolo Greco 10:45 2025-07-08 UTC+2

How to Trade the EUR/USD Currency Pair on July 8th: Simple Tips and Trade Review for Beginners

Monday Trade Review: EUR/USD, 1H Chart On Monday, the EUR/USD pair traded with a downward bias, and the U.S. dollar posted a fairly strong gain. As we've mentioned before, even

Paolo Greco 10:09 2025-07-08 UTC+2

Trading Recommendations and Trade Analysis for GBP/USD on July 8th

The GBP/USD currency pair also declined on Monday. However, on its uncertain downward path, the pair encountered the Senkou Span B line of the Ichimoku indicator for the third time—and

Paolo Greco 07:42 2025-07-08 UTC+2

Trading Recommendations and Trade Analysis for EUR/USD on July 8th

The EUR/USD pair traded with a downward bias on Monday, even though there were no fundamental reasons supporting the dollar's strength. However, the dollar's rise was weak, which is especially

Paolo Greco 06:51 2025-07-08 UTC+2

GBP/USD: Trading Plan for the U.S. Session on July 7th (Review of Morning Trades)

In my morning forecast, I highlighted the 1.3602 level and planned to use it to determine entry points into the market. Let's look at the 5-minute chart and analyze what

Miroslaw Bawulski 13:21 2025-07-07 UTC+2

EUR/USD: Trading Plan for the U.S. Session on July 7th (Review of the Morning Trades)

In my morning forecast, I highlighted the 1.1749 level and planned to base market entry decisions around it. Let's look at the 5-minute chart and break down what happened

Miroslaw Bawulski 13:20 2025-07-07 UTC+2
Can't speak right now?
Ask your question in the 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.