empty
15.04.2025 06:29 AM
What to Pay Attention to on April 15? A Breakdown of Fundamental Events for Beginners

Analysis of Macroeconomic Reports:

This image is no longer relevant

Quite a few macroeconomic events are scheduled for Tuesday, but under the current circumstances, macroeconomic data mean little to the market. They might have a short-term local impact on the pair's movement, but everyone understands that the U.S. economy is not nearly bad enough to justify the dollar losing hundreds or even thousands of pips.

Today, ZEW economic sentiment indices and industrial production data will be published in the Eurozone. In the UK, we'll see unemployment data, jobless claims, and wage reports. The British figures could influence the Bank of England's monetary policy stance—but who is even paying attention to that stance right now? The dollar continues to fall even amid the Federal Reserve's relatively hawkish positioning.

Analysis of Fundamental Events:

This image is no longer relevant

There is no point discussing fundamental events other than Trump's trade war. The dollar's decline could continue indefinitely. We recommend that traders focus on statements from top officials of the largest countries and economic alliances regarding tariffs. Trump said that any response to his actions aimed at "eliminating unfairness" would be met with harsh retaliation through new sanctions and tariffs.

At the same time, the U.S. president introduced a 90-day grace period for all countries except China, during which a uniform 10% import tariff will apply. According to Trump, this period will be used for trade negotiations. However, we'd like to remind you that the chances of reaching trade agreements with the EU and China are extremely low. Tariffs on China continue to rise, and there is no reason to believe China will be the first to seek a compromise. U.S. trade relations with China and the Eurozone matter most to the market.

General Conclusions:

On the second trading day of the new week, both currency pairs may fluctuate in either direction. The market remains in a state of panic and chaos, so there is no logic to the current price movements. News related to the trade war emerges daily, and it's impossible to predict when it will appear—or forecast Trump's next move.

Key Rules for the Trading System:

  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 15–20 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 speeches and reports, which are consistently featured in the news calendar, can significantly influence the movement of a currency pair. Therefore, during their release, it is advisable to trade with caution or consider exiting the market to avoid potential sharp price reversals against the prior trend.

Beginners in the Forex market should understand that not every transaction will be profitable. Developing a clear trading strategy and practicing effective money management are crucial for achieving long-term success in trading.

Paolo Greco,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
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

The Fed Maintains a Wait-and-See Approach

The market expects active measures from the U.S. central bank, while Donald Trump keeps demanding that Jerome Powell cut interest rates. It's worth noting that Powell cannot make such decisions

Chin Zhao 00:41 2025-05-21 UTC+2

The Dollar Regains Its Spirit

As the CFTC report showed, investors are still not very impressed that the US and China have managed to reduce trade tensions and take a pause for negotiations

Kuvat Raharjo 00:26 2025-05-21 UTC+2

EUR/USD: Weak Dollar Meets Indecisive Euro

The EUR/USD pair has consolidated above the 1.1200 level, reflecting the overall weakening of the U.S. dollar. The "bearish attack" we witnessed last week ended in failure. EUR/USD sellers were

Irina Manzenko 19:35 2025-05-20 UTC+2

Euro Exhausts Bullish Momentum

Inflation in the eurozone remained unchanged in April compared to March, fully in line with forecasts—2.2% year-over-year for the headline index, and 2.7% year-over-year for the core index. This inflation

Kuvat Raharjo 19:16 2025-05-20 UTC+2

AUD/NZD. Analysis and Forecast

The AUD/NZD pair is declining, drawing seller interest following the Reserve Bank of Australia's (RBA) decision to lower the official cash rate (OCR) by 25 basis points to 3.85%. Although

Irina Yanina 19:09 2025-05-20 UTC+2

USD/CAD. Current Market Situation Amid Mixed Fundamental Background

The pair is under pressure, trading within the familiar range established earlier. At the moment, the fundamental background is mixed. Crude oil prices are struggling to attract significant buyers, especially

Irina Yanina 19:07 2025-05-20 UTC+2

DXY. The U.S. Dollar Continues to Struggle

Today, the U.S. Dollar Index (DXY), which tracks the dollar's performance against a basket of currencies, is trading near its weekly low, continuing to fight for relevance. The lack

Irina Yanina 19:04 2025-05-20 UTC+2

The Dollar Is Back to Its Old Ways

Markets thrive on conspiracy theories more than anything else. Investors continue to believe that Donald Trump wants a weak dollar to boost the competitiveness of American manufacturers. It's no surprise

Marek Petkovich 18:54 2025-05-20 UTC+2

AUD/USD. RBA Delivers Dovish Scenario, but It's Too Early to Rush into Selling

The Reserve Bank of Australia (RBA) followed the most expected scenario at its May meeting, cutting the interest rate by 25 basis points. However, AUD/USD sellers remain vulnerable

Irina Manzenko 11:44 2025-05-20 UTC+2

Financial Markets Still Gripped by Uncertainty (Potential Decline in #USDX and Gold Prices)

Despite the 90-day truce between Beijing and Washington, market conditions remain extremely tense. Investors are uncertain about what will happen after three months—whether Donald Trump will hike tariffs again

Pati Gani 09:42 2025-05-20 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.