empty
19.06.2025 06:53 AM
Intraday Strategies for Beginner Traders on June 19

Pressure on risk assets persisted following Wednesday's trading session, intensifying after the Federal Reserve's interest rate decision. The U.S. President's ambiguous statements regarding the Middle East also increased demand for the dollar, as traders remain uncertain whether the United States genuinely intends to intervene in the conflict or is only creating a diversion.

Yesterday, the Federal Open Market Committee (FOMC) unanimously voted to keep the federal funds rate unchanged at 4.5%. While the decision was expected after a two-day meeting, it nonetheless reinforced market confidence in the Fed's consistent monetary policy. In its accompanying statement, the FOMC emphasized that although inflation is becoming less of a concern, a cautious approach to monetary policy is warranted—particularly in light of recent events. The Committee also acknowledged a slowdown in economic growth and worsening labor market conditions, admitting that recession risks remain.

Maintaining the current rate allows the Fed to assess the impact of previous rate cuts and more carefully monitor the evolving economic landscape.

Upcoming Events and ECB/BoE Focus:

Today, there are no significant macroeconomic data releases scheduled from the eurozone. The key events planned are a speech by Bundesbank President Joachim Nagel and a Eurogroup meeting. Nagel's address will likely focus on the current economic conditions in Germany and the eurozone overall. Investors will closely watch for signals about the European Central Bank's future rate policy, particularly inflationary pressures, and growth prospects following recent geopolitical developments.

The Bank of England's rate decision and the accompanying Monetary Policy Report are far more significant. The consensus forecast is that the BoE will keep rates unchanged, which could trigger a short-term rebound in the British pound against the U.S. dollar. Traders are eagerly awaiting the BoE's verdict. Keeping the interest rate unchanged may provide some relief for the pound, which is currently under pressure from the strong dollar. Such stability could temporarily support the pound, providing some breathing room for market participants. A more hawkish tone in the BoE report could push the pound higher. Conversely, if the Bank voices concerns about slowing economic growth and expresses satisfaction with the current level of inflation, the pound may quickly lose ground.

Trading Strategy Suggestions:

The Mean Reversion strategy is preferred if the actual data match economists' forecasts. The Momentum strategy is more appropriate if the data significantly deviates from expectations.

Momentum Strategy (Breakout):

EUR/USD

Buying on a breakout above 1.1480 may lead to a rise in the euro towards 1.1530 and 1.1580.

Selling on a breakout below 1.1455 may lead to a drop in the euro towards 1.1408 and 1.1377.

GBP/USD

Buying on a breakout above 1.3424 may lead to a rise in the pound towards 1.3444 and 1.3472.

Selling on a breakout below 1.3388 may lead to a drop in the pound towards 1.3363 and 1.3335.

USD/JPY

Buying on a breakout above 145.28 may lead to a rise in the dollar towards 145.63 and 145.92.

Selling on a breakout below 144.91 may lead to dollar sell-offs towards 144.08 and 143.66.

Mean Reversion Strategy (Pullbacks):

This image is no longer relevant

EUR/USD

I will look for sell opportunities after a failed breakout above 1.1493, upon return below this level.

I will look for buy opportunities after a failed breakout below 1.1440, upon return above this level.

This image is no longer relevant

GBP/USD

I will look for sell opportunities after a failed breakout above 1.3423, upon return below this level.

I will look for buy opportunities after a failed breakout below 1.3378, upon return above this level.

This image is no longer relevant

AUD/USD

I will look for sell opportunities after a failed breakout above 0.6518, upon return below this level.

I will look for buy opportunities after a failed breakout below 0.6470, upon return above this level.

This image is no longer relevant

USD/CAD

I will look for sell opportunities after a failed breakout above 1.3727, upon return below this level.

I will look for buy opportunities after a failed breakout below 1.3686, upon return above this level.

Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Maxim Magdalinin
Start trade
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

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.