empty
27.01.2025 03:52 AM
Trading Recommendations and Analysis for EUR/USD on January 27: Euro's Sprint to Victory

EUR/USD 5-Minute Analysis

This image is no longer relevant

The EUR/USD currency pair experienced significant growth on Friday. In our fundamental articles, we provided a detailed explanation for this current trend. A few weeks ago, we predicted a correction on the daily timeframe, which now appears to be taking shape. Currently, the market does not even need fresh macroeconomic data to continue buying euros or closing dollar positions. However, when such data comes out and supports the euro, it further accelerates its growth, as was evident on Friday. It's important to note that the Purchasing Managers' Index (PMI) reports alone could not explain a 100-pip rally in the euro; such a market reaction is uncommon, even following more significant events or reports. Upon closer inspection, the European PMIs were not overwhelmingly positive. While three out of four indices showed growth, the manufacturing sectors in Germany and the EU remained below the "waterline," indicating lackluster performance. Therefore, there were no strong grounds for such a significant rally in the euro.

Nonetheless, the pair is in a corrective phase following a 3.5-month decline on the daily timeframe. A move upward by several hundred pips is, therefore, entirely expected. We believe the euro could rise to the 1.0640 level, where the Senkou Span B line is positioned on the daily timeframe.

On Friday, trading signals indicated two possible scenarios involving the level of 1.0461. In the first scenario, the price broke through this level, allowing for a profitable long position as it moved up significantly. In the second scenario, the price rebounded from the same level, nearly reaching the target level of 1.0524. As a result, both transactions proved to be profitable.

COT Report

This image is no longer relevant

The latest Commitments of Traders (COT) report, dated January 21, shows that the net position of non-commercial traders has remained bullish for quite some time. However, bears have now taken the lead. Two months ago, there was a significant increase in the number of short positions held by professional traders, causing the net position to turn negative for the first time in a long while. This indicates that the European currency is now being sold more frequently than it is being bought.

We do not see any fundamental factors that would strengthen the European currency. The recent growth of the euro on the weekly timeframe appears to be a simple retracement. While the pair may experience a correction for a few more weeks, the long-term downward trend that has persisted for 16 years is unlikely to be reversed.

At this time, the red and blue lines have crossed, indicating a bearish trend in the market. During the last reporting week, the number of long positions in the "Non-commercial" category increased by 4,900, while the number of short positions rose by 6,900. As a result, the net position decreased by another 2,000 contracts.

EUR/USD 1-Hour Analysis

This image is no longer relevant

On the hourly timeframe, the currency pair has started an upward trend, which appears to be corrective in nature. We believe that a decline will continue in the medium term. The Federal Reserve may reduce interest rates only 1 to 2 times in 2025, a stance that is more hawkish than the market initially expected. This factor, among others, is likely to continue supporting the U.S. dollar in the future. The end of the technical correction can be identified when the price consolidates below the Ichimoku indicator lines and the trendline.

For January 27, we have identified the following trading levels: 1.0124, 1.0195, 1.0269, 1.0340–1.0366, 1.0461, 1.0524, 1.0585, 1.0658–1.0669, 1.0757, 1.0797, 1.0843, as well as the Senkou Span B line at 1.0308 and the Kijun-sen line at 1.0430. Keep in mind that the Ichimoku indicator lines may shift during the day, which should be considered when determining trading signals. Don't forget to set a stop loss to break even if the price moves 15 pips in the desired direction. This will help protect against potential losses if the signal turns out to be false.

On Monday, Christine Lagarde is scheduled to give another speech in the Eurozone, from which we do not expect any significant developments. Since the EUR/USD pair rose sharply on Friday, we anticipate a downward correction on Monday. Overall, this week could be highly volatile, with the direction of price movement potentially changing frequently.

Illustration Explanations:

  • Support and Resistance Levels (thick red lines): Thick red lines indicate where movement may come to an end. Please note that these lines are not sources of trading signals.
  • Kijun-sen and Senkou Span B Lines: Ichimoku indicator lines transferred from the 4-hour timeframe to the hourly timeframe. These are strong lines.
  • Extreme Levels (thin red lines): Thin red lines where the price has previously bounced. These serve as sources of trading signals.
  • Yellow Lines: Trendlines, trend channels, or any other technical patterns.
  • Indicator 1 on COT Charts: Represents the net position size for each category of traders.
Pilih carta masa
5
min
15
min
30
min
1
jam
4
jam
1
hari
1
minggu
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN

Artikel yang dicadangkan

Bagaimana untuk Berdagang Pasangan GBP/USD pada 13 Februari? Petua Ringkas dan Analisis Dagangan kepada Pedagang Baharu

Analisis Dagangan Rabu Carta 1J pasangan GBP/USD Pada hari Rabu, pasangan GBP/USD didagangkan lebih tinggi, meskipun tiada sebab yang jelas. Reaksi pasaran terhadap satu-satunya laporan penting hari itu—data inflasi AS—hanya

Paolo Greco 06:41 2025-02-13 UTC+2

Cadangan Dagangan dan Analisis untuk EUR/USD pada 13 Februari: Pertumbuhan Inflasi AS Mencetuskan... Kejatuhan Dolar

Analisis 5-Minit pasangan EUR/USD Pada hari Rabu, pasangan mata wang EUR/USD mengalami turun naik harga yang ketara selepas menuruni aliran menurun yang ketara. Satu-satunya acara besar yang menyumbang kepada ketidakstabilan

Paolo Greco 03:39 2025-02-13 UTC+2

Cadangan Dagangan dan Analisis untuk GBP/USD pada 13 Februari: Pound Menjunam ke Dalam Kekacauan Sepenuhnya

Analisis 5-Minit pasangan GBP/USD Pasangan mata wang GBP/USD mengalami volatiliti yang ketara pada hari Rabu, serupa dengan pasangan EUR/USD. Melihat pada carta jam, pelbagai ayunan harga yang berlaku boleh menjadi

Paolo Greco 02:06 2025-02-13 UTC+2

Bagaimana Berdagang Pasangan GBP/USD pada 12 Februari? Tip dan Analisis Dagangan Ringkas untuk Pedagang Baharu

Pasangan GBP/USD turut didagangkan lebih tinggi pada hari Selasa, walaupun tiada sebab yang jelas untuknya. Namun, siapa yang benar-benar mencari sebab dalam pasaran mendatar? Malah pada carta masa setiap

Paolo Greco 08:44 2025-02-12 UTC+2

Bagaimana untuk Berdagang Pasangan EUR/USD pada 12 Februari? Petua Ringkas dan Analisis Dagangan kepada Pedagang Baharu

Analisis Dagangan Hari Selasa Carta 1J pasangan EUR/USD Pada hari Isnin, pasangan EUR/USD memulakan pergerakan menaik yang baharu, walaupun tiada sebab asas tempatan. Satu-satunya acara yang dijadualkan untuk hari tersebut

Paolo Greco 08:44 2025-02-12 UTC+2

GBP/USD: Rancangan Dagangan untuk Sesi Urusniaga Amerika Syarikat pada 11 Februari (Semakan Dagangan Pagi)

Dalam ramalan pagi, saya menekankan tahap 1.2338 sebagai titik penting untuk membuat keputusan kemasukan pasaran. Melihat carta 5 minit, penurunan awal dan pecahan palsu pada 1.2338 menyediakan peluang pembelian yang

Miroslaw Bawulski 13:51 2025-02-11 UTC+2

EUR/USD: Rancangan Dagangan untuk Sesi AS pada 11 Februari (Ulasan Dagangan Pagi)

Dalam ramalan pagi saya, saya menekankan tahap 1.0324 sebagai titik keputusan utama untuk penyertaan pasaran. Melihat carta 5 minit, kenaikan awal dan penembusan palsu pada 1.0324 memberikan peluang untuk kemasukan

Miroslaw Bawulski 13:43 2025-02-11 UTC+2

Bagaimana untuk Berdagang Pasangan Mata Wang GBP/USD pada 10 Februari? Tip dan Analisis Dagangan Ringkas untuk Pedagang Baharu

Pada hari Jumaat, pasangan mata wang GBP/USD turut didagangkan lebih rendah, dengan sebahagian besar penurunan berlaku semasa sesi dagangan di Amerika Syarikat. Seperti yang dinyatakan sebelum ini, laporan Gaji Bukan

Paolo Greco 07:28 2025-02-10 UTC+2

Bagaimana untuk Berdagang Pasangan Mata Wang EUR/USD pada 10 Februari? Petua Ringkas dan Analisis Dagangan kepada Pedagang Baharu

Analisis Dagangan Hari Jumaat: Carta EUR/USD carta H1 Pada hari Jumaat, pasangan mata wang EUR/USD mengikuti trajektori penurunan, sejajar dengan jangkaan data makroekonomi. Namun begitu, pergerakan ini tidak sepenuhnya lurus

Paolo Greco 07:23 2025-02-10 UTC+2

Cadangan dan Analisis Dagangan untuk GBP/USD pada 10 Februari

Pada hari Jumaat, pasangan GBP/USD sekali lagi melantun dari garis aliran menaik, menunjukkan kemungkinan penyambungan aliran menaik. Pada hari Isnin, pasangan ini menjunam dengan ketara akibat komen Donald Trump, menyebabkan

Paolo Greco 07:16 2025-02-10 UTC+2
Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula 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.