empty
07.03.2024 12:54 PM
Tips for trading EUR/USD

This image is no longer relevant

The previous trading plan for EUR/USD talked about a potential increase in prices.

This image is no longer relevant

Yesterday, during the US session, the pair surpassed the weekly level of 1.09, leading to the closure of long positions.

This image is no longer relevant

Congratulations to everyone who followed the strategy! Euro gained as much as 1,000 pips. Close long positions now to get profit.

The trading idea followed the framework of the "Price Action" and "Stop Hunting" strategies.

Good luck in trading and don't forget to control the risks! Have a nice day.

Andrey Shevchenko,
Analytical expert of InstaTrade
© 2007-2025

Recommended Stories

How to Trade the GBP/USD Pair on August 19? Simple Tips and Trade Analysis for Beginners

Analysis of Monday's Trades 1H Chart of GBP/USD On Monday, the GBP/USD pair also traded lower and broke through its ascending trendline. After two weeks of growth, a technical correction

Paolo Greco 07:03 2025-08-19 UTC+2

How to Trade the EUR/USD Pair on August 19? Simple Tips and Trade Analysis for Beginners

Analysis of Monday's Trades 1H Chart of EUR/USD On Monday, the EUR/USD currency pair began a new wave of decline, which had nothing to do with fundamentals or macroeconomics. During

Paolo Greco 07:03 2025-08-19 UTC+2

Trading Recommendations and Trade Breakdown for GBP/USD on August 19: The Pound at a Crossroads

On Monday, the GBP/USD currency pair declined slightly, but this was enough for another test of the ascending trendline. In principle, the British currency has been rising for more than

Paolo Greco 04:15 2025-08-19 UTC+2

Trading Recommendations and Trade Breakdown for EUR/USD on August 19: The Market is in a Daze

The EUR/USD currency pair showed ultra-weak movements on Friday and Monday. There was hope that traders would partially recover during the U.S. session yesterday, especially after the historic meeting between

Paolo Greco 04:15 2025-08-19 UTC+2

How to Trade the GBP/USD Pair on August 18? Simple Tips and Trade Analysis for Beginners

Analysis of Friday's Trades 1H Chart of GBP/USD The GBP/USD pair also traded higher on Friday, though with minimal volatility. Three U.S. reports failed to trigger any reaction from traders

Paolo Greco 06:51 2025-08-18 UTC+2

How to Trade the EUR/USD Pair on August 18? Simple Tips and Trade Analysis for Beginners

Analysis of Friday's Trades 1H Chart of EUR/USD The EUR/USD currency pair traded higher on Friday, but solely on "pure" technicals. There were no notable events or reports

Paolo Greco 06:51 2025-08-18 UTC+2

How to Trade the GBP/USD Pair on August 15? Simple Tips and Trade Analysis for Beginners

Analysis of Thursday's Trades 1H Chart of GBP/USD The GBP/USD pair also corrected slightly lower on Thursday amid the high PPI reading. As we have already mentioned, even such

Paolo Greco 06:13 2025-08-15 UTC+2

How to Trade the EUR/USD Pair on August 15? Simple Tips and Trade Analysis for Beginners

Analysis of Thursday's Trades 1H Chart of EUR/USD On Thursday, the EUR/USD currency pair traded lower. Four macroeconomic reports were published during the day, three of which had no impact

Paolo Greco 06:13 2025-08-15 UTC+2

Trading Recommendations and Trade Breakdown for GBP/USD on August 15: The Pound Pulled Back Slightly

On Thursday, the GBP/USD currency pair also traded lower, with the U.S. Producer Price Index being the main driver. Initially, we assumed that this indicator was unlikely to provoke

Paolo Greco 03:50 2025-08-15 UTC+2

Trading Recommendations and Trade Breakdown for EUR/USD on August 15: Inflation Sank the Dollar, Inflation Also Lent a Hand

On Thursday, the EUR/USD currency pair showed a decent decline, which fully aligns with the current technical picture. It should be noted that an uptrend does not mean the price

Paolo Greco 03:50 2025-08-15 UTC+2
Can't speak right now?
Ask your question in the chat.
 

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 InstaTrade anyway.

We are sorry for any inconvenience caused by this message.