empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
21.05.2025 06:45 AM
What to Pay Attention to on May 21? A Breakdown of Fundamental Events for Beginners
Open trading account Open demo account

Analysis of Macroeconomic Reports:

This image is no longer relevant

Very few macroeconomic events are scheduled for Wednesday. However, the UK inflation report holds significant importance for the market, or rather, used to. As we can see, traders continue ignoring macroeconomic and fundamental data, selling the dollar at every opportunity. According to expert estimates, the Consumer Price Index in the UK may accelerate to 3.3% in April, which is undoubtedly a bullish factor for the British pound, as the Bank of England may take an extended pause in its monetary easing if inflation rises like this. That said, the pound has been rallying strongly both Monday and Wednesday, even without this bullish support.

Analysis of Fundamental Events:

Among Wednesday's fundamental developments, we can note speeches from Federal Reserve representative Thomas Barkin and European Central Bank representative Philip Lane. However, how much impact will these speeches have, considering that the central banks' current policy stance is already crystal clear, and the market continues to trade on just one factor?

We believe that the only factor the market still cares about is the ongoing trade war. Though slowly de-escalating, it hasn't ended. Donald Trump continues to announce upcoming trade deals, but this news provides little real support for the dollar. A renewed dollar decline could occur if Trump starts imposing new tariffs, raises existing ones, or fails to finalize agreements with most countries. In fact, the dollar could continue falling even without new tariff measures, simply because market sentiment toward the U.S. president and his policies remains extremely negative.

This image is no longer relevant

Conclusions:

On the third trading day of the new week, both currency pairs may move in either direction. The macroeconomic backdrop remains weak, and there's no way to predict when Trump will make another impactful statement. We believe today's market behavior will likely remain close to flat. However, this week has shown the market's willingness to buy both pairs even without solid reasons or justification. Further growth is entirely possible.

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
All Analytics
Technical analysis
EUR/USD Forecast for July 3, 2025 Ahead of today's U.S. employment data release for June, the euro consolidated near the price channel line on the daily chart. The long lower shadow of the candlestick suggests that
Laurie Bailey
05:11 2025-07-03 +02:00
1015
Technical analysis
GBP/USD Forecast for July 3, 2025 By the end of yesterday, the British pound had lost 108 pips. Although the reason was not the anticipation of today's U.S. employment data, but rather domestic political turmoil, this
Laurie Bailey
05:11 2025-07-03 +02:00
1195
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

GBP/USD Overview – July 3: Jerome Powell Finally Responded to Trump

The GBP/USD currency pair plummeted on Wednesday like a stone. However, every drop in the pair eventually gives way to a much stronger rise. Therefore, at this point, there's
Paolo Greco 03:45 2025-07-03 UTC+2

EUR/USD Overview – July 3: One Big Trump Law Passed, Dollar at 4-Year Lows

The EUR/USD currency pair traded relatively calmly on Wednesday, although the word "calm" may not accurately describe the daily decline of the dollar. The most accurate picture of what's happening
Paolo Greco 03:45 2025-07-03 UTC+2

Transition from Aggressive to Cautious Position by the ECB

The annual economic forum is currently taking place in the Portuguese town of Sintra, which explains the daily speeches by central bank heads. Most of the information being shared
Chin Zhao 00:42 2025-07-03 UTC+2

USD/JPY. Yen: Interrupted Flight

The USD/JPY pair dropped by 200 points over two days and on Tuesday hit a nearly four-week low, testing the support level at 142.70 (the middle line of the Bollinger
Irina Manzenko 00:38 2025-07-03 UTC+2

The Dollar Has Found Its Achilles' Heel

Be careful what you wish for. Euro supporters believe that EUR/USD will reach at least 1.25 by 2026. However, one must understand that while the eurozone may remain a unified
Marek Petkovich 00:38 2025-07-03 UTC+2

USD/JPY. Analysis and Forecast

Recent political and economic statements are having a significant impact on the USD/JPY pair's dynamics. U.S. President Donald Trump expressed frustration over the prolonged trade talks with Japan
Irina Yanina 18:51 2025-07-02 UTC+2

Crowd sets tone, market follows

No fight. The S&P 500 managed to hit new record highs because market professionals — the so-called "smart money" — see no need to go against the prevailing momentum
Marek Petkovich 12:46 2025-07-02 UTC+2

AUD/USD. Analysis and Forecast

Today, the AUD/USD pair is retreating slightly from the new yearly high near 0.6590 reached yesterday and is trading within a narrow range. Nevertheless, the potential for further downside appears
Irina Yanina 12:44 2025-07-02 UTC+2

USD/CHF. Analysis and Forecast

The USD/CHF pair continues to trade within a narrow range above the 0.7900 level, remaining close to price levels last seen in 2011. The US dollar is showing some gains
Irina Yanina 11:58 2025-07-02 UTC+2

Investors Filled with Optimism, Driving Market Demand Higher (EUR/USD and GBP/USD Pairs May Face Corrective Declines)

Markets continue to react positively to the stabilization of the situation in the Middle East in anticipation of negotiations between Israel and Iran. Meanwhile, investors have shifted their full attention
Pati Gani 11:22 2025-07-02 UTC+2

Top analytics

Relevance up to 19:00 2025-07-03 UTC--5
EUR/USD Overview – July 3: One Big Trump Law Passed, Dollar at 4-Year Lows
03:45 2025-07-03
Fundamental analysis
Relevance up to 19:00 2025-07-03 UTC--5
GBP/USD Overview – July 3: Jerome Powell Finally Responded to Trump
03:45 2025-07-03
Fundamental analysis
Relevance up to 19:00 2025-07-03 UTC--5
Trading Recommendations and Analysis for EUR/USD on July 3: The Euro Holds Up, the Pound Plunges
03:45 2025-07-03
Trading plan
Relevance up to 19:00 2025-07-03 UTC--5
Trading Recommendations and Analysis for GBP/USD on July 3: Manipulation for the Sake of a New Rally?
03:45 2025-07-03
Trading plan
Relevance up to 22:00 2025-07-03 UTC--5
GBP/USD Forecast for July 3, 2025
05:11 2025-07-03
Technical analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

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.