empty
18.03.2025 07:32 PM
EUR/USD: Simple Trading Tips for Beginner Traders on March 18th (U.S. Session)

Trade Analysis and Recommendations for the Euro

The test of the 1.0924 price level occurred when the MACD indicator had already moved significantly upward from the zero mark, limiting the pair's upward potential. For this reason, I did not buy the euro and missed a small upward move.

Strong ZEW index data from Germany and the Eurozone helped the euro update its weekly high, but many traders reacted cautiously, likely waiting for more convincing signs of a sustained economic recovery. The situation around Ukraine also supports the currency market and risk assets. Today's conversation between Putin and Trump could be highly significant, and if the dialogue is positive, demand for the euro could rise further. Additionally, expectations regarding the Federal Reserve's next moves are playing a key role in dollar-related currency pairs. The FOMC's rate decision will be announced tomorrow.

During today's U.S. session, a series of housing market reports will be released. The data release will begin with the number of building permits issued, a key indicator of builder optimism and investment willingness. This metric serves as a leading indicator for future construction activity and may influence overall economic sentiment. Next, attention will shift to housing starts, which provide a more concrete measure of market activity by showing how many new construction projects have begun. An increase in this metric signals rising housing demand and potential economic growth, whereas a decline could indicate a market slowdown and uncertainty among buyers and developers. Analyzing these reports together will provide a clearer picture of the U.S. real estate market and its outlook.

Regarding intraday trading strategy, I will focus on Scenario #1 and Scenario #2.

This image is no longer relevant

Buy Signal

Scenario #1: Buy the euro today at 1.0952 (green line on the chart) with a target of 1.0986. At 1.0986, I plan to exit the trade and sell the euro for a 30-35 point pullback. Expecting euro growth today as the uptrend continues. Important: Before buying, ensure the MACD indicator is above zero and just starting to rise.

Scenario #2: I also plan to buy the euro today if the price tests 1.0932 twice, while the MACD is in the oversold area. This will limit the pair's downward potential and trigger a reversal to the upside, targeting 1.0952 and 1.0986.

Sell Signal

Scenario #1: I plan to sell the euro after reaching 1.0932 (red line on the chart), with a target of 1.0906, where I will exit the trade and buy immediately for a 20-25 point pullback. Selling pressure could return if U.S. data is strong. Important: Before selling, ensure the MACD indicator is below zero and just starting to decline.

Scenario #2: I also plan to sell the euro today if the price tests 1.0952 twice, while MACD is in the overbought area. This will limit the pair's upward potential and trigger a reversal downward, targeting 1.0932 and 1.0906.

This image is no longer relevant

What's on the chart:

  • Thin green line represents the entry price for buying the instrument.
  • Thick green line represents the take profit level, as further growth above this level is unlikely.
  • Thin red line represents the entry price for selling the instrument.
  • Thick red line represents the take profit level, as further decline below this level is unlikely.
  • MACD Indicator – When entering a trade, pay attention to overbought and oversold zones.

Important Notes for Beginner Traders:

Forex trading requires careful decision-making. It is best to stay out of the market before major fundamental reports to avoid unexpected price swings. If you choose to trade during news releases, always use stop-loss orders to minimize losses. Without stop-losses, you risk losing your entire deposit quickly, especially if you trade with large volumes and do not follow risk management rules.

For successful trading, you need a clear trading plan, like the one I presented above. Spontaneous trading decisions based on the current market situation are a losing strategy for an intraday trader.

Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

¿Crecimiento falso o nueva tendencia? Análisis de señales técnicas y fundamentales para el petróleo y el gas

Los futuros del petróleo Brent subieron a aproximadamente $71,3 por barril el martes, marcando la tercera sesión consecutiva de crecimiento, ya que la tensión en Medio Oriente eclipsó otros acontecimientos

Anna Zotova 10:58 2025-03-18 UTC+2

El S&P 500 asalta la cima. Informes sólidos y desregulación como detonantes del optimismo del mercado

El mercado bursátil vuelve a subir, con el S&P 500 en la cúspide de la euforia. ¿Qué será lo próximo? ¿Los aranceles y la política de la Reserva Federal reforzarán

Anna Zotova 10:18 2025-01-24 UTC+2

El S&P 500 está en la cima de la ola. Han aparecido síntomas de un mercado bajista

El jueves, los futuros de las acciones estadounidenses permanecen prácticamente sin cambios después de un impresionante rally en la sesión de trading anterior, cuando el S&P 500 alcanzó máximos históricos

Anna Zotova 09:58 2025-01-23 UTC+2

S&P 500. Sesgo alcista. El mercado sube con la vista puesta en Trump

Los futuros de las acciones estadounidenses registran ganancias el miércoles, tras el sólido repunte de la víspera. El martes, el índice S&P 500 subió un 0,88% y el Nasdaq sumó

Anna Zotova 10:28 2025-01-22 UTC+2

Petróleo y gas. Perspectivas para la semana

El petróleo Brent muestra un descenso, pero sigue negociándose por encima de los $80 por barril. No se descarta un fortalecimiento de la corrección hasta el rango de los $77,5-78,0

Anna Zotova 11:06 2025-01-20 UTC+2

USD/JPY: consejos simples para operar para traders principiantes el 17 de enero. Análisis de las operaciones de ayer en forex.

Análisis de operaciones y consejos para operar con el yen japonés La prueba del precio 155.96 coincidió con el momento en que el indicador MACD apenas comenzaba a moverse hacia

Jakub Novak 07:29 2025-01-17 UTC+2

GBP/USD: consejos simples para operar para traders principiantes el 17 de enero. Análisis de las operaciones de ayer en forex.

Análisis de operaciones y consejos para operar con la libra esterlina. La primera prueba del precio 1.2184 en la segunda mitad del día coincidió con el momento

Jakub Novak 07:29 2025-01-17 UTC+2

EUR/USD: consejos simples para operar para traders principiantes el 17 de enero. Análisis de las operaciones de ayer en forex.

Análisis de las operaciones y consejos para operar con el euro. La prueba del precio 1.0282 en la segunda mitad del día coincidió con el momento en que el indicador

Jakub Novak 07:29 2025-01-17 UTC+2

USD/JPY: consejos simples para operar para traders principiantes el 10 de enero. Análisis de las operaciones de ayer en Forex

Análisis de las operaciones y consejos para operar con el yen japonés La prueba del nivel de precio 157.98 coincidió con el momento en que el indicador MACD había descendido

Jakub Novak 08:05 2025-01-10 UTC+2

GBP/USD: consejos simples para operar para traders principiantes el 10 de enero. Análisis de las operaciones de ayer en Forex

Análisis de las operaciones y consejos para operar con la libra esterlina La prueba del nivel de precio 1.2301 durante la segunda mitad del día coincidió con el momento

Jakub Novak 08:05 2025-01-10 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el 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.