empty
25.05.2022 03:14 AM
Trading plan for EURUSD on May 25, 2022

This image is no longer relevant

Technical outlook:

EURUSD climbed to the 1.0748 high on Tuesday, extending its upswing, which began at 1.0348. The single currency pair has rallied over 400 pips from 1.0348, the 2017 low. Bulls are looking poised to hold prices above 1.0348 to keep the momentum going. Pullbacks should remain capped above the swing low.

EURUSD has carved a meaningful downswing between 1.2266 and 1.0348 respectively. The Fibonacci 0.382 retracement of the above swing is seen to be passing through 1.1086, which is close to the 1.1200 resistance marked on the daily chart here. A high probability remains for prices to push through above resistance.

EURUSD has also carved a lower degree upswing between 1.0348 and 1.0748 levels respectively. A corrective drop might be expected in the next few trading sessions towards 1.0500 before the rally resumes. The potential upside targeted might be seen through 1.0960 and up to 1.1400 respectively.

Trading plan:

Potential rally through 1.0950 against 1.0300

Good luck!

Oscar Ton,
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

How to Trade the GBP/USD Pair on May 6? Simple Tips and Trade Analysis for Beginners

Analysis of Monday's Trades 1H Chart of GBP/USD On Monday, the GBP/USD pair continued to trade strictly sideways. Although we don't see a clearly defined flat range for the pound

Paolo Greco 05:40 2025-05-06 UTC+2

How to Trade the EUR/USD Pair on May 6? Simple Tips and Trade Analysis for Beginners

Analysis of Monday's Trades 1H Chart of EUR/USD On Monday, the EUR/USD currency pair once again traded both upward and downward, confirming the presence of a flat market. The price

Paolo Greco 05:40 2025-05-06 UTC+2

Trading Recommendations and Analysis for GBP/USD on May 6: Trump vs. ISM

On Monday, the GBP/USD currency pair intended to launch a new wave of the upward trend that has been ongoing for several months. However, in the second half

Paolo Greco 03:32 2025-05-06 UTC+2

Trading Recommendations and Analysis for EUR/USD on May 6: Surprising and Unbelievable

On Monday, the EUR/USD currency pair resumed its favorite activity right from the morning—moving north. It was revealed that after a three-week pause, Donald Trump decided to bring

Paolo Greco 03:32 2025-05-06 UTC+2

GBP/USD: Trading Plan for the U.S. Session on May 5th (Review of Morning Trades)

In my morning forecast, I focused on the 1.3324 level and planned to make trading decisions based on it. Let's look at the 5-minute chart and analyze what happened

Miroslaw Bawulski 17:52 2025-05-05 UTC+2

EUR/USD: Trading Plan for the U.S. Session on May 5th (Review of Morning Trades)

In my morning forecast, I focused on the 1.1346 level and planned to make trading decisions based on it. Let's look at the 5-minute chart and see what happened

Miroslaw Bawulski 17:48 2025-05-05 UTC+2

Trade Idea for EUR/USD to Fall

Good day, fellow traders! I will present you with a trade idea for EUR/USD. After Friday's strong bearish impulse, the instrument transitioned into a corrective upward move

Andrey Shevchenko 08:55 2025-05-05 UTC+2

Trade Idea for GBP/USD to Fall

Good day, fellow traders! I am presenting you with a trade idea for GBP/USD. After Friday's strong short-side initiative, the instrument has transitioned into a corrective upward movement

Andrey Shevchenko 08:55 2025-05-05 UTC+2

Trading Recommendations and Analysis for GBP/USD on May 5: The Dollar's Convulsions Continue

On Friday, the GBP/USD currency pair corrected against Monday's growth and the broader uptrend. There were no clear reasons for the movements on any day of the week—Monday through Friday

Paolo Greco 06:07 2025-05-05 UTC+2

Trading Recommendations and Analysis for EUR/USD on May 5: The Flat Trend Persists

The EUR/USD currency pair generally continued its downward movement throughout Friday. The U.S. dollar has strengthened over the past week, but this growth seems to lack solid justification. On Monday

Paolo Greco 06:06 2025-05-05 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.