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 InstaForex
© 2007-2025
Summary
Urgency
Analytic
Maxim Magdalinin
Start trade
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

USD/JPY: Simple Trading Tips for Beginner Traders on July 25. Analysis of Yesterday's Forex Trades

The test of the 146.75 level coincided with the moment when the MACD indicator had just started to move upward from the zero line, confirming a valid entry point

Jakub Novak 08:52 2025-07-25 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on July 25. Analysis of Yesterday's Forex Trades

The test of the 1.3529 level occurred when the MACD indicator had just started to move down from the zero line, confirming a valid entry point for selling the pound

Jakub Novak 08:52 2025-07-25 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders on July 25. Analysis of Yesterday's Forex Trades

The test of the 1.1757 level occurred at the moment when the MACD indicator had just started to rise from the zero line, confirming a valid entry point for buying

Jakub Novak 08:52 2025-07-25 UTC+2

Intraday Strategies for Beginner Traders on July 25

The Euro Holds Its Ground, While the Pound Resumes Decline Following Weak UK Data Yesterday, European Central Bank President Christine Lagarde stated that the ECB had taken a wait-and-see approach

Miroslaw Bawulski 08:23 2025-07-25 UTC+2

Oil: Will the Market Hold Support or Are Broken Trends a Trap for the Bulls?

Since the start of the week, the oil market has remained in a state of tense equilibrium. Brent crude, having lost its May upward trend, managed to recover only partially

Anna Zotova 02:41 2025-07-25 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders – July 24th (U.S. Session)

Trade Analysis and Tips for Trading the Japanese Yen The test of the 146.38 level occurred at a time when the MACD indicator had already moved far above the zero

Jakub Novak 14:06 2025-07-24 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders – July 24th (U.S. Session)

Trade Analysis and Pound Sterling Trading Tips The test of the 1.3555 level coincided with the MACD indicator having moved well below the zero line, which limited the pair's downward

Jakub Novak 14:04 2025-07-24 UTC+2

EUR/USD: Simple Trading Tips for Beginner Traders – July 24th (U.S. Session)

Trade Analysis and Euro Trading Tips The test of the 1.1756 level coincided with the MACD indicator moving well below the zero line, which limited the pair's downward potential. Eurozone

Jakub Novak 14:02 2025-07-24 UTC+2

USD/JPY: Simple Trading Tips for Beginner Traders on July 24. Analysis of Yesterday's Forex Trades

The test of the 146.56 level occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's upward potential—especially in the context

Jakub Novak 09:05 2025-07-24 UTC+2

GBP/USD: Simple Trading Tips for Beginner Traders on July 24. Analysis of Yesterday's Forex Trades

The test of the 1.3551 level occurred when the MACD indicator had just started moving up from the zero line, confirming the validity of the entry point for a long

Jakub Novak 09:04 2025-07-24 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.