empty
09.06.2025 05:54 AM
How to Trade the EUR/USD Pair on June 9? Simple Tips and Trade Analysis for Beginners

Analysis of Friday's Trades

1H Chart of EUR/USD

This image is no longer relevant

The EUR/USD currency pair traded lower on Friday, and there were objective reasons for this. However, it's important to note that by the end of the day, the dollar had strengthened by a "whole" 50 pips. It's hardly worth saying that 50 pips is insignificant, especially considering this growth occurred on rather decent and important data from across the ocean. The Nonfarm Payrolls report showed 139,000 new non-farm jobs created versus the forecast of 130,000. The unemployment rate remained unchanged at 4.2%. Let's just say that much weaker numbers from the U.S. data could have easily been expected. However, the American data, if not upbeat, were not disappointing either. The labor market remains stable, and the unemployment rate is not increasing. Of course, the figures will likely decline over time as Donald Trump's trade policies have yet to produce positive results for the U.S. economy—indeed, no results at all. Therefore, the dollar's position and prospects remain very uncertain.

5M Chart of EUR/USD

This image is no longer relevant

In the 5-minute timeframe on Friday, several choppy trading signals were generated. The first buy signal from a rebound off the 1.1413–1.1424 area was false. Then, a sell signal was formed in the same area, but it occurred during the release of U.S. data, so the risk of a loss on that signal was high. The third sell signal could have been traded but didn't yield significant profit. The dollar appreciated only slightly during the day, and the American reports did not provoke a strong rally in the dollar.

Trading Strategy for Monday:

In the hourly timeframe, the EUR/USD pair broke the ascending trendline; however, the uptrend that started under Donald Trump remains intact. Essentially, the fact that Trump is the U.S. president is reason enough for the market to keep fleeing the dollar. If Trump continues to threaten, issue ultimatums, and impose/raise tariffs, the market will have few alternatives. Trump's tariffs couldn't be overturned, and negotiations with China and the EU are stalling again, so the trade war situation has not improved.

On Monday, the EUR/USD pair may move in either direction. Very limited macroeconomic data will be available, so it's best to rely on technical levels while preparing for a stagnant market.

On the 5-minute timeframe, the levels to watch are: 1.0940–1.0952, 1.1011, 1.1088, 1.1132–1.1140, 1.1198–1.1218, 1.1267–1.1292, 1.1354–1.1363, 1.1413–1.1424, 1.1474–1.1481, 1.1513, 1.1548, 1.1571, and 1.1607–1.1622. No significant events are scheduled in the Eurozone or the U.S. for Monday, but information from Donald Trump that could shake the markets might come at any time. If not, a flat market is likely.

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.

Forex trading beginners should remember that not every trade will be profitable. Developing a clear strategy and practicing proper money management are essential for long-term trading success.

Recommended Stories

Recomendaciones para operar y análisis de las operaciones con el par GBP/USD el 24 de julio. La libra no encontró razones para hacer una pausa.

Análisis del par GBP/USD 5M. El par de divisas GBP/USD durante el miércoles, a diferencia del par EUR/USD, continuó tranquilamente su movimiento hacia el Norte. Durante el día no hubo

Paolo Greco 07:22 2025-07-24 UTC+2

Recomendaciones para operar y análisis de las operaciones con el par EUR/USD el 24 de julio. Los acuerdos comerciales de Trump no ayudaron al dólar.

Análisis del par EUR/USD 5M. El par de divisas EUR/USD durante el miércoles no mostró ningún movimiento interesante, y el mercado no mostró ningún interés en los acuerdos comerciales

Paolo Greco 07:21 2025-07-24 UTC+2

GBP/USD: plan para la sesión europea del 23 de julio. Informes COT (análisis de las operaciones de ayer). La libra actualizó el máximo semanal

Ayer se formaron varios puntos de entrada al mercado. Vamos a ver el gráfico de 5 minutos y entender qué ocurrió. En mi pronóstico de la mañana presté atención

Miroslaw Bawulski 08:47 2025-07-23 UTC+2

EUR/USD: plan para la sesión europea del 23 de julio. Informes COT (análisis de las operaciones de ayer). El euro creció bastante bien

Ayer se formaron varios puntos de entrada al mercado. Vamos a ver el gráfico de 5 minutos y entender qué pasó allí. En mi pronóstico de la mañana presté atención

Miroslaw Bawulski 08:47 2025-07-23 UTC+2

Recomendaciones para operar y análisis de las operaciones con el par GBP/USD el 23 de julio. El crecimiento lógico continúa.

El par de divisas GBP/USD también continúa su movimiento ascendente durante el martes. La nueva caída de la moneda estadounidense puede intentarse vincular con el discurso de Jerome Powell, como

Paolo Greco 07:54 2025-07-23 UTC+2

Recomendaciones para operar y análisis de las operaciones con el par EUR/USD el 23 de julio. La caída predecible del dólar continúa.

El par de divisas EUR/USD durante el martes permaneció inmóvil durante la primera mitad del día y en la segunda mitad se negoció al alza. En la segunda mitad

Paolo Greco 07:54 2025-07-23 UTC+2

EUR/USD: plan para la sesión europea del 22 de julio. Informes COT (análisis de las operaciones de ayer). Los compradores del euro se activaron

Ayer se formaron varios puntos de entrada al mercado. Vamos a mirar el gráfico de 5 minutos y analizar lo que ocurrió. En mi pronóstico de la mañana presté atención

Miroslaw Bawulski 07:51 2025-07-22 UTC+2

Cómo operar el par GBP/USD el 22 de julio. Consejos simples y análisis de operaciones para principiantes.

El par GBP/USD mostró el lunes exactamente los mismos movimientos que el par EUR/USD. Por lo tanto, es evidente que en todo el mercado el dólar estadounidense comenzó una nueva

Paolo Greco 07:51 2025-07-22 UTC+2

Cómo operar el par EUR/USD el 22 de julio. Consejos simples y análisis de operaciones para principiantes.

El par de divisas EUR/USD aparentemente completó el lunes una tendencia bajista de tres semanas. Recordemos que durante al menos las últimas dos semanas, desde Estados Unidos llegaba una gran

Paolo Greco 07:51 2025-07-22 UTC+2

EUR/USD: plan para la sesión europea del 21 de julio. Informes COT (análisis de las operaciones de ayer). La corrección del euro se acerca a su final

El viernes pasado se formó solo un punto de entrada al mercado. Veamos el gráfico de 5 minutos y analicemos lo que ocurrió. En mi pronóstico de la mañana, presté

Miroslaw Bawulski 08:11 2025-07-21 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el 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.