empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
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
02.04.2025 06:25 AM
What to Pay Attention to on April 2? A Breakdown of Fundamental Events for Beginners
Open trading account Open demo account

Analysis of Macroeconomic Reports:

This image is no longer relevant

There will be very few macroeconomic events on Wednesday, but yesterday showed us that even a large number of macro reports do not always trigger significant movement—even within the day. Today, the only notable release will be the ADP Employment Report in the U.S., which reflects changes in private-sector employment. In other words, it's essentially a less significant version of the Nonfarm Payrolls report. The market will draw final conclusions based on the NonFarms, not the ADP data.

Analysis of Fundamental Events:

This image is no longer relevant

Among Wednesday's fundamental events, a few speeches from European Central Bank and Federal Reserve officials, including Philip Lane, Isabel Schnabel, and Adriana Kugler, are worth mentioning. However, we'd like to point out that today is April 2, and Donald Trump has yet to make official announcements regarding new tariffs. The market is waiting, as the tariff issue has been practically the only factor driving currency market movements in recent weeks. We believe the market has calmed down somewhat concerning tariffs, and a substantial decline in the dollar is unlikely. However, no one knows precisely what tariffs Trump will announce. If the U.S. president's decision turns out to be unexpected, a strong market reaction cannot be ruled out.

General Conclusions:

During the third trading day of the week, both currency pairs may trade actively but could change direction multiple times throughout the day. There will be a few reports and events today. The market continues to wait for Trump's announcement on new tariffs. Once that information is released, strong movements are possible.

As a reminder, the British pound has been trading flat for weeks, while the euro has entered a phase of total confusion.

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
Wave analysis
GBP/USD Analysis on April 27, 2025 The wave structure for the GBP/USD pair has also transformed into an upward, impulsive pattern — "thanks" to Donald Trump. The wave pattern is almost identical to that
Chin Zhao
19:42 2025-04-28 +02:00
1255
Forecast
USDJPY: Simple Trading Tips for Beginner Traders for April 28th (U.S. Session) There were no tests of the designated levels in the first half of the day, so I stayed out of the market. In the second half of the day, there
Jakub Novak
19:36 2025-04-28 +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

Bitcoin Can't Lose

There's never a dull moment with Bitcoin. Sometimes it behaves like a risky asset, sometimes like a safe haven. At the beginning of April, the cryptocurrency was jokingly referred
Marek Petkovich 19:03 2025-04-28 UTC+2

The Market Has Outplayed the Professionals

"Follow the smart money" — this classic principle of technical analysis suggests it's safer to side with professionals rather than the crowd. However, in 2025, such an approach would have
Marek Petkovich 19:00 2025-04-28 UTC+2

USD fails to be resilient

Is the US dollar overvalued? Bank of America thinks so. The bank points out that in previous cycles, when the USD Index peaked in the mid-1980s and early 2000s
Marek Petkovich 16:23 2025-04-28 UTC+2

ECB Ready to Cut Rates Further

Officials at the European Central Bank are preparing for further interest rate cuts, anticipating that U.S. tariff policies will inflict serious and prolonged damage on the economy, even
Jakub Novak 09:24 2025-04-28 UTC+2

The Upcoming Week May Be Positive for Markets but Negative for the Dollar and Gold (we expect further growth in CFD contracts for S&P 500 futures and Bitcoin)

The upcoming week will be rich in important economic data releases, which could have a noticeable impact on market dynamics — but will they be able to? Amid the geopolitical
Pati Gani 09:12 2025-04-28 UTC+2

EUR/USD. Weekly Preview. Eurozone Inflation, U.S. GDP, ISM Manufacturing Index, April Nonfarm Payrolls

The upcoming week's economic calendar is packed with important releases. As usual, the beginning of a new month brings significant macroeconomic reports from the U.S. and the Eurozone, typically triggering
Irina Manzenko 06:49 2025-04-28 UTC+2

What to Pay Attention to on April 28? A Breakdown of Fundamental Events for Beginners

No macroeconomic events are scheduled for Monday. If the market barely reacted to macroeconomic data last week, there is nothing to expect on Monday. Of course, Donald Trump could make
Paolo Greco 05:51 2025-04-28 UTC+2

The U.S. Dollar. Weekly Preview

The United States is facing an important week, but it is unlikely to be important for the U.S. dollar. Significant reports on the labor market, job openings, unemployment
Chin Zhao 01:05 2025-04-28 UTC+2

British Pound. Weekly Preview

The British pound is doing even better than the euro. The market keeps finding additional reasons to increase demand for the pound, even when the euro remains stagnant. Therefore, even
Chin Zhao 01:05 2025-04-28 UTC+2

XAU/USD. Analysis and Forecast

Gold maintains a bearish tone today, though it has slightly recovered from the daily low, climbing back above the $3300 level. Investors continue to hope for a potential de-escalation
Irina Yanina 12:23 2025-04-25 UTC+2

Top analytics

Relevance up to 07:00 2025-04-30 UTC--4
GOLD – Technical Analysis Overview
06:49 2025-04-28
Technical analysis
Relevance up to 01:00 2025-04-29 UTC--4
EUR/USD: Simple Trading Tips for Beginner Traders on April 28. Review of Yesterday's Forex Trades
08:19 2025-04-28
Forecast
Relevance up to 04:00 UTC--4
Weekly Forecast Based on Simplified Wave Analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and US Dollar Index — April 28th
09:32 2025-04-28
Wave analysis
Relevance up to 09:00 2025-04-29 UTC--4
USD/JPY – Summary and Prospects
03:51 2025-04-28
Technical analysis
Relevance up to 04:00 UTC--4
Weekly Forecast Based on Simplified Wave Analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and GOLD — April 28th
09:28 2025-04-28
Wave 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.