empty
12.06.2025 01:20 PM
Adjustment of Levels and Targets for the U.S. Session on June 12

The Australian and Canadian dollars performed well today using the mean reversion strategy, while the momentum strategy would have worked nicely with the pound and the euro.

Signs of a slowdown in the British economy had a negative impact on the pound sterling, leading to active sell-offs. Fearing an approaching recession, investors began dumping assets denominated in the British currency. Recent economic indicators show troubling trends: contraction in industry, declining consumer spending, and reduced capital investment—all of which present the Bank of England with a tough policy dilemma.

Later in the day, we expect data on initial jobless claims and the Producer Price Index (PPI) in the U.S. for May. These figures will be key indicators of the health of the U.S. economy and may influence the Federal Reserve's decisions on future monetary policy.

The number of initial jobless claims reflects the current state of the labor market. A rise in this figure could indicate slowing hiring rates and increased layoffs, which would likely weaken consumer spending and economic growth. The PPI, a leading indicator of inflation, measures price changes producers receive for goods and services. An increase in PPI may signal rising consumer prices ahead, as producers typically pass higher costs on to buyers. The Fed closely monitors PPI data to assess inflation risks and adjust policy as needed.

I'll rely on the Momentum strategy if the data shows strong results. If the market shows little reaction, I'll continue using the Mean Reversion approach.

This image is no longer relevant

For EUR/USD:

Buy on a breakout above 1.1617, targeting 1.1640 and 1.1675

Sell on a breakout below 1.1575, targeting 1.1545 and 1.1515

This image is no longer relevant

For GBP/USD:

Buy on a breakout above 1.3595, targeting 1.3642 and 1.3678

Sell on a breakout below 1.3575, targeting 1.3550 and 1.3516

For USD/JPY:

Buy on a breakout above 143.66, targeting 144.10 and 144.55

Sell on a breakout below 143.25, targeting 142.79 and 142.30

Mean Reversion Strategy (Rebound) for the Second Half of the Day:

This image is no longer relevant

For EUR/USD:

Look to sell after a failed breakout above 1.1613 and return below the level

Look to buy after a failed breakout below 1.1546 and return above the level

This image is no longer relevant

For GBP/USD:

Look to sell after a failed breakout above 1.3605 and return below the level

Look to buy after a failed breakout below 1.3540 and return above the level

This image is no longer relevant

For AUD/USD:

Look to sell after a failed breakout above 0.6526 and return below the level

Look to buy after a failed breakout below 0.6490 and return above the level

This image is no longer relevant

For USD/CAD:

Look to sell after a failed breakout above 1.3660 and return below the level

Look to buy after a failed breakout below 1.3622 and return above the level

Miroslaw Bawulski,
Analytical expert of InstaTrade
© 2007-2025

Recommended Stories

USD/JPY: Simple Trading Tips for Beginner Traders – July 14th (U.S. Session)

Trade Analysis and Tips for the Japanese Yen The test of the 147.20 level occurred when the MACD indicator had just started to move down from the zero mark, confirming

Jakub Novak 19:23 2025-07-14 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders – July 14th (U.S. Session)

Trade Analysis and Tips for the British Pound The test of the 1.3484 level occurred when the MACD indicator had just started to rise from the zero mark, confirming

Jakub Novak 19:20 2025-07-14 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders – July 14th (U.S. Session)

Trade Analysis and Tips for the Euro The test of the 1.1672 level occurred at the moment when the MACD indicator had just started to move up from the zero

Jakub Novak 19:11 2025-07-14 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on July 14. Analysis of Yesterday's Forex Trades

The price test at 1.1678 occurred when the MACD indicator had just begun moving downward from the zero line, confirming a valid entry point for selling the euro. However

Jakub Novak 09:15 2025-07-14 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders on July 14. Analysis of Yesterday's Forex Trades

The price test at 147.14 occurred when the MACD indicator had already moved well above the zero line, which limited the pair's upward potential. Today's data showing a slower decline

Jakub Novak 09:02 2025-07-14 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on July 14. Analysis of Yesterday's Forex Trades

The price test at 1.3532 occurred when the MACD indicator had just begun moving downward from the zero line, confirming a valid entry point for selling the pound and resulting

Jakub Novak 09:02 2025-07-14 UTC+2

Intraday Strategies for Beginner Traders on July 14

The euro held its ground despite real trade threats from the United States, while the pound continued to decline against the US dollar following weak fundamental data related

Miroslaw Bawulski 08:26 2025-07-14 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders – July 11th (U.S. Session)

Trade Review and Tips for Trading the Japanese Yen The price test at 146.83 occurred when the MACD indicator had already moved far below the zero line, limiting the pair's

Jakub Novak 13:49 2025-07-11 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders – July 11th (U.S. Session)

Trade Review and Tips for Trading the British Pound The price test at 1.3547 occurred when the MACD indicator had just begun moving downward from the zero line, confirming

Jakub Novak 13:06 2025-07-11 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders – July 11th (U.S. Session)

Trade Review and Tips for Trading the Euro The price test at 1.1694 occurred when the MACD indicator had already risen significantly above the zero line, limiting the pair's upward

Jakub Novak 13:01 2025-07-11 UTC+2
Can't speak right now?
Ask your question in the 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.