Profitable Week So Far

Also Wednesday has been a profitable trading day since we were able to book two times a small profit with our buy order at 1.1135 in the EUR/USD and a bigger profit of 100 points with a second sell attempt in the DAX at 14710.

The EUR/USD heads for 1.12 amid the U.S. dollar’s retreat. We expect a higher resistance to come in at around 1.1220 from where we may see a correction. A higher support is now seen at 1.10.

GBP/USD: Above 1.3210, we may see a test of 1.3250. Further above 1.3270, a next target could be at 1.3350. A crucial support is however seen at 1.30.

Today we will keep tabs on the PCE price index at 12:30 UTC. A higher reading could help the struggling U.S. dollar.

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

Daily Forex, DAX And Crypto Signals:

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

EUR/USD

Long @ 1.1175

Short @ 1.1130

GBP/USD

Long @ 1.3160

Short @ 1.3125

DAX® (GER30)

Long @ 14670 Trade has hit profit target

Short @ 14620*

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

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Strong Reason For Caution

Markets overreacted on Tuesday amid optimism around the potential for a peace deal between Ukraine and Russia. While there appeared little immediate prospect of a cease-fire after talks in Turkey, market participants drove the euro, DAX and other risk assets higher. Nonetheless, there is still strong reason for caution, so traders should evaluate their risk exposure.

However, we were able to cash in profits with all of our yesterday’s long entries in both EUR/USD and GBP/USD as well as the DAX.

Daily Forex, DAX And Crypto Signals 30/3/22:

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

EUR/USD

Long @ 1.1135

Short @ 1.1070

GBP/USD

Long @ 1.3160

Short @ 1.3080

DAX® (GER30)

Long @ 14780

Short @ 14710

ETH/USD

Long @ 3430

Short @ 3360

 

Monthly results 2022:

February 2022: +531 pips

January 2022: +766 pips

 

Results 2021:

December 2021: +61 pips

November 2021: +452 pips

October 2021: +165 pips

September 2021: +578 pips

August 2021: +135 pips

July 2021: +34 pips

June 2021: +264 pips

May 2021: +528 pips

April 2021: +278 pips

March 2021: +45 pips

February 2021: +42 pips

January 2021: +472 pips

 

Results 2020:

December 2020: +318 pips

November 2020: +75 pips

October 2020: +432 pips

 

Daily Forex, DAX And Crypto Signals

The GBP/USD dropped below 1.3080 Monday and we were able to cash in some profit in a second sell attempt at 1.3130. We now see a short-term resistance at around 1.3150 and if the cable remains trading below that price area, we expect further losses towards 1.30 and 1.2950.

The DAX was yesterday’s biggest gainer with an almost 3 percent surge from our long entry. The index could possibly extend its gains towards 14750 where we see a resistance. Traders should however expect corrections that could drive the index back towards a test of 14350.

Daily Forex, DAX And Crypto Signals 29/3/22:

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

EUR/USD

Long @ 1.1015

Short @ 1.0965

GBP/USD

Long @ 1.3125

Short @ 1.3075

DAX® (GER30)

Long @ 14630

Short @ 14570

ETH/USD

Long @ 3460

Short @ 3340

 

Monthly results 2022:

February 2022: +531 pips

January 2022: +766 pips

 

Results 2021:

December 2021: +61 pips

November 2021: +452 pips

October 2021: +165 pips

September 2021: +578 pips

August 2021: +135 pips

July 2021: +34 pips

June 2021: +264 pips

May 2021: +528 pips

April 2021: +278 pips

March 2021: +45 pips

February 2021: +42 pips

January 2021: +472 pips

 

Results 2020:

December 2020: +318 pips

November 2020: +75 pips

October 2020: +432 pips

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

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Market’s Risk-On Mode Could Be Premature

Last trading week was none of our favorites since low volatility has left us with uncomfortably narrow trading ranges. This has led to some false price breakouts, particularly in the EUR/USD and DAX. Despite the ongoing war in Ukraine, we can see an increase in the market’s appetite for risk, with the most liquid crypto currency pairs surging above recent resistance levels. However, while everybody hopes for a ceasefire in Ukraine that would ease pressure on the market, the ‘risk on’ approach could be premature and dangerous.

The U.S. dollar has fallen even if the Federal Reserve follows the most aggressive monetary policy approach in over 20 years. The market is pricing in a 60 percent chance of a 50bps rate hike in May and 70 percent chance of another 50bps hike in June. Given the Fed’s hawkish lean, dollar bulls should keep an eye on USD crosses.

This week we will watch the PCE deflator on Thursday and the Nonfarm Payrolls on Friday.

EUR/USD – Testing the 1.0950-support

The euro seems to be primed for a dip towards 1.09, provided that 1.0950 breaks. We will then pay attention to a potential break below 1.0880 which could send the euro tumbling towards 1.07. Overall, as long as the euro remains below 1.1050, we favor a bearish bias.

GBP/USD: The cable refrained from a climb above 1.33 and fell back towards 1.3140. For further bearish momentum, we would need to see a sustained break below 1.3080.

 

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

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Die Risikobereitschaft am Markt könnte verfrüht sein

Die letzte Handelswoche gehörte definitiv nicht zu unseren Favoriten, da uns die geringe Volatilität unangenehm enge Handelsspannen bescherte. Dies hat zu einigen falschen Kursausbrüchen geführt, insbesondere im EUR/USD und DAX. Trotz des anhaltenden Krieges in der Ukraine können wir eine Zunahme der Risikobereitschaft am Markt feststellen, die besonders ersichtlich war in den liquidesten Krypto-Währungspaaren welche über ihre jüngsten Widerstandsniveaus emporstiegen. Während jedoch alle auf einen Waffenstillstand in der Ukraine hoffen, der den Markt entlasten würde, könnte der aktuelle Risikoansatz verfrüht und gefährlich sein.

Der U.S. Dollar ist gefallen, auch wenn die Federal Reserve den wohl aggressivsten geldpolitischen Ansatz verfolgt den wir in über 20 Jahren erlebt haben. Der Markt preist eine 60-prozentige Chance auf eine Zinserhöhung um 50 Basispunkte im Mai und eine 70-prozentige Chance auf eine weitere Zinserhöhung um 50 Basispunkte im Juni ein. Angesichts der hawkischen Neigung der Fed sollten Dollar-Bullen dennoch die USD-Kreuzungen im Auge behalten.

Diese Woche werden wir unseren Fokus auf den PCE-Preisindex am Donnerstag und den U.S. Arbeitsmarktbericht am Freitag richten.

EUR/USD – Test der 1.0950-Unterstützung

Der Euro scheint auf einen Rückgang in Richtung von 1.09 vorbereitet zu sein, vorausgesetzt, dass 1.0950 bricht. Wir werden dann auf einen möglichen Bruch von 1.0880 achten, der den Euro in Richtung 1.07 stürzen könnte. Insgesamt bevorzugen wir eine bärische Tendenz, solange der Euro unter 1.1050 bleibt.

GBP/USD: Der Cable ließ von einem Anstieg über 1.33 ab und fiel zurück in Richtung von 1.3140. Für weitere Bärendynamik bräuchten wir ein nachhaltiges Unterschreiten von 1.3080.

 

Der Inhalt des Beitrags spiegelt die persönliche Meinung des Autors wider. Dieser übernimmt für die Richtigkeit und Vollständigkeit keine Verantwortung und schließt jegliche Regressansprüche aus. Dieser Beitrag stellt keine Kauf- oder Verkaufsempfehlung dar.

Copyright © 2022 MaiMarFX.

www.maimar.co

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Daily Forex, DAX And Crypto Signals

Daily Forex, DAX And Crypto Signals:

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

EUR/USD

Long @ 1.1060

Short @ 1.0985

GBP/USD

Long @ 1.3230

Short @ 1.3175

DAX® (GER30)

Long @ 14330

Short @ 14260

ETH/USD

Long @ 3170

Short @ 3090

 

Monthly results 2022:

February 2022: +531 pips

January 2022: +766 pips

 

Results 2021:

December 2021: +61 pips

November 2021: +452 pips

October 2021: +165 pips

September 2021: +578 pips

August 2021: +135 pips

July 2021: +34 pips

June 2021: +264 pips

May 2021: +528 pips

April 2021: +278 pips

March 2021: +45 pips

February 2021: +42 pips

January 2021: +472 pips

 

Results 2020:

December 2020: +318 pips

November 2020: +75 pips

October 2020: +432 pips

 

GBP/USD Corrects From Overbought Levels

The GBP/USD corrected gains as expected but held above 1.3180 – so far. As stated in yesterday’s analysis we will pay attention to a break below 1.3170 that could see further losses towards 1.30 and 1.2950. A break above 1.3215, on the other side, could see another leg up towards 1.3350.

The EUR/USD trended towards 1.0960. Our short trade at 1.1020 with a profit target of 40 pips has thus proved profitable. A short-term resistance is seen at 1.1050.

Also, our yesterday’s long trade in the DAX at 14360 provided a good profit for bulls. Gains could be extended until 14800 – provided that the index remains above the 14000- threshold.

 

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

 

Daily Forex, DAX And Crypto Signals:

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

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GBP/USD Heads Towards 1.33, Entering Overbought Territory

Overall, Tuesday has been a profitable day with two profitable long positions in the GBP/USD and DAX. The only loser was the EUR/USD where we had to record a losing trade with our buy attempt.

GBP/USD: Sterling bulls should be careful since the pair entered overbought territory, making corrections more likely now. However, if the cable can hold above 1.3180, we could see further gains towards 1.3450. Below 1.3170, bears are back in control.

Daily Forex, DAX And Crypto Signals:

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

Try out our new signals for cryptocurrencies:

ETH/USD

Long @ 2990

Short @ 2930

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

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Daily Forex, DAX And Crypto Signals

Bullish bias in both EUR/USD and GBP/USD faded after Federal Reserve Chair Jerome Powell said the Fed is ready to raise interest rates by 50bps at its next FOMC meeting if needed. Powell was more hawkish than at the Fed’s policy meeting last week, indicating that the Fed favors a more aggressive pace of tightening. The U.S. dollar surged against other peers in a first response to the comment.

The EUR/USD dropped below 1.10, which is why we scrapped a potential bullish breakout idea above 1.1160. A lower resistance is now seen at 1.1090.

GBP/USD: Below 1.3130 we may see a slide towards a test of 1.3080. Resistance remains present at 1.3210.

 

Daily Forex, DAX And Crypto Signals:

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

EUR/USD

Long @ 1.1040

Short @ 1.0960

GBP/USD

Long @ 1.3175

Short @ 1.3110

DAX® (GER30)

Long @ 14360 Trade hit profit target

Short @ 14290

ETH/USD

Long @ 3010

Short @ 2890

 

Monthly results 2022:

February 2022: +531 pips

January 2022: +766 pips

 

Results 2021:

December 2021: +61 pips

November 2021: +452 pips

October 2021: +165 pips

September 2021: +578 pips

August 2021: +135 pips

July 2021: +34 pips

June 2021: +264 pips

May 2021: +528 pips

April 2021: +278 pips

March 2021: +45 pips

February 2021: +42 pips

January 2021: +472 pips

 

Results 2020:

December 2020: +318 pips

November 2020: +75 pips

October 2020: +432 pips

 

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram

EUR/USD: If 1.10 Holds, Bulls May Gain Control

Welcome to a new trading week which is very light in terms of market moving data releases. This, however, doesn’t mean that we will not see any profitable moves in the coming days. The focus will continue to revolve around developments between Russia and Ukraine.

The euro rose last week against other counterparts on hopes for a ceasefire between Russia and Ukraine. The rebound in risk appetite sent the EUR/USD pair towards 1.1137 last Thursday before bulls took a breather.

EUR/USD – Bullish bias above 1.10

As long as the euro holds above 1.10, we will focus on the upper boundary of an ascending triangle at 1.1150. If the currency pair breaks above 1.1160, we could see a run for 1.14. On the downside however, if 1.10 breaks, we will shift our focus again to lower targets at 1.09 and 1.0750.

GBP/USD – 1.32, a crucial resistance

If sterling bulls are able to push the pair above 1.3210, we could possibly see a rebound towards 1.3350. If the current resistance zone remains however intact, we will focus on a break below 1.3080 in order to sell sterling towards 1.2950.

 

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

Follow us on social media:

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