empty
14.07.2025 09:15 AM
EUR/USD: Simple Trading Tips for Beginner Traders on July 14. Analysis of Yesterday's Forex Trades

Analysis of Trades and Trading Tips for the Euro

The price test at 1.1678 occurred when the MACD indicator had just begun moving downward from the zero line, confirming a valid entry point for selling the euro. However, the pair failed to decline, resulting in a loss being recorded.

Over the weekend, U.S. President Donald Trump announced the imposition of 30% tariffs on goods from the European Union, which immediately impacted the currency markets. The euro came under significant pressure, while the dollar, on the contrary, received support and strengthened. The decision by the U.S. president sparked a wave of criticism and concern within European political and economic circles. Many experts fear that this move could trigger a trade war between the U.S. and the EU, which would negatively affect the global economy as a whole. Brussels has already declared its readiness to implement retaliatory measures should the U.S. tariffs be enacted. Intense negotiations between U.S. and EU representatives are expected in the coming days, aimed at resolving the trade dispute. The outcome of these talks will be decisive for the future relationship between the world's two largest economic blocs.

Today is light on economic data, with the Eurogroup meeting being the main focus. It is likely that countermeasures against U.S. policy and the prospects for further trade cooperation will be discussed there. This is the key factor that will influence the short-term trajectory of the euro.

For intraday strategy, I will focus primarily on Scenarios #1 and #2.

This image is no longer relevant

Buy Scenario

Scenario #1: Buying the euro today is possible if the price reaches the area of 1.1672 (green line on the chart), with a target for growth toward 1.1717. At the 1.1717 level, I plan to exit the market and also open a short position, aiming for a 30–35 point pullback from the entry point. Any upside in the euro today should be viewed as a corrective move.

Important! Before buying, make sure that 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 the event of two consecutive tests of the 1.1651 level, at a time when the MACD indicator is in oversold territory. This will limit the pair's downside potential and lead to a reversal to the upside. A rise toward the opposite levels of 1.1672 and 1.1717 can be expected.

Sell Scenario

Scenario #1: I plan to sell the euro after the price reaches the 1.1651 level (red line on the chart), targeting 1.1610, where I intend to exit the market and immediately buy in the opposite direction (anticipating a 20–25 point rebound). Downward pressure on the pair may return at any moment today.

Important! Before selling, make sure that the MACD indicator is below the zero line and just beginning to decline from it.

Scenario #2: I also plan to sell the euro today in the event of two consecutive tests of the 1.1672 level, at a time when the MACD indicator is in overbought territory. This will limit the pair's upside potential and lead to a downward market reversal. A drop toward the opposite levels of 1.1651 and 1.1610 can be expected.

This image is no longer relevant

What's on the Chart:

  • The thin green line represents the entry price where the trading instrument can be bought.
  • The thick green line indicates the expected price level where a Take Profit order can be placed, or profits can be manually secured, as further price growth above this level is unlikely.
  • The thin red line represents the entry price where the trading instrument can be sold.
  • The thick red line indicates the expected price level where a Take Profit order can be placed, or profits can be manually secured, as further price decline below this level is unlikely.
  • The MACD indicator should be used to assess overbought and oversold zones when entering the market.

Important Notes:

  • Beginner Forex traders should exercise extreme caution when making market entry decisions. It is advisable to stay out of the market before the release of important fundamental reports to avoid exposure to sharp price fluctuations. If you choose to trade during news releases, always use stop-loss orders to minimize potential losses. Trading without stop-loss orders can quickly wipe out your entire deposit, especially if you neglect money management principles and trade with high volumes.
  • Remember, successful trading requires a well-defined trading plan, similar to the one outlined above. Making impulsive trading decisions based on the current market situation is a losing strategy for intraday traders.
Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Pavel Vlasov
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Chancy Deposit
    Deposit your account with $3,000 and get $4000 more!
    In July we raffle $4000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST

Recommended Stories

USD/JPY: Simple Trading Tips for Beginner Traders – July 18th (U.S. Session)

Trade Review and Guidance for Trading the Japanese Yen The test of the 148.61 price level occurred when the MACD indicator had already moved significantly below the zero line, which

Jakub Novak 20:26 2025-07-18 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders – July 18th (U.S. Session)

Trade Review and Tips for Trading the British Pound The test of the 1.3429 price level coincided with the MACD indicator just beginning to move upward from the zero line

Jakub Novak 20:07 2025-07-18 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders – July 18th (U.S. Session

Trade Review and Tips for Trading the Euro The test of the 1.1630 price level coincided with a moment when the MACD indicator had already moved significantly above the zero

Jakub Novak 20:00 2025-07-18 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders on July 18. Analysis of Yesterday's Forex Trades

The test of the 148.53 price level occurred when the MACD indicator had already dropped significantly below the zero mark, which limited the pair's downside potential. A short time later

Jakub Novak 08:27 2025-07-18 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on July 18. Analysis of Yesterday's Forex Trades

The test of the 1.3409 price level occurred when the MACD indicator had just begun moving up from the zero mark, confirming a valid entry point for buying the pound

Jakub Novak 08:27 2025-07-18 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on July 18. Analysis of Yesterday's Forex Trades

The test of the 1.1575 level occurred when the MACD indicator had already moved significantly below the zero mark, which limited the pair's downside potential. For that reason

Jakub Novak 08:27 2025-07-18 UTC+2

Intraday Strategies for Beginner Traders on July 18

The euro and the pound recovered slightly by the end of yesterday's session, as the U.S. dollar failed to receive significant support following the release of economic data and comments

Miroslaw Bawulski 07:45 2025-07-18 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders – July 17th (U.S. Session)

Trade Analysis and Tips for the Japanese Yen The price test at 148.43 coincided with the moment when the MACD indicator had just begun moving downward from the zero line

Jakub Novak 19:03 2025-07-17 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders – July 17th (U.S. Session)

Trade Analysis and Tips for the British Pound The price test at 1.3381 occurred when the MACD indicator had just begun moving downward from the zero line, confirming a correct

Jakub Novak 18:57 2025-07-17 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders – July 17th (U.S. Session)

Trade Analysis and Tips for the Euro The price test at 1.1612 coincided with the MACD indicator just beginning to move down from the zero line, which confirmed a valid

Jakub Novak 18:49 2025-07-17 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.