Trading Break April/May

Dear traders,

There will be no signal service between April 22 and May 11.

With best regards,

The MaiMarFX team

 

DAX Holds Above 14000

The GBP/USD slipped again below 1.30 but bearish momentum faded quickly which is why we had to record a stop-loss with our sell position at 1.2985. If the cable now remains above 1.2990, we expect further gains towards 1.31. However, negative headlines about the war in Ukraine will weigh on the current market sentiment.

Trading the DAX paid off while we were able to book a good profit with our yesterday’s sell order. Above 14000 we pencil in a higher target at 14500, whereas below 13950, we will focus on lower price areas such as 13600.

Our adding ideas for today 20/4/22:

Long @ 14210

Short @ 14120

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.

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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Daily Forex, DAX And Crypto Signals 19/4/22

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 @ 1.0830

Short @ 1.0765*

GBP/USD

Long @ 1.3020*

Short @ 1.2985

DAX® (GER30)

Long @ 14140

Short @ 14070 Trade has hit TP at 14030

ETH/USD

Long @ 3070

Short @ 2980

 

Monthly results 2022:

March 2022: +689 pips

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

 

Happy Easter

The team of MaiMarFX wishes you a blessed and happy Easter!

May this joyful season of Easter fill everyone’s heart with renewed hope, love, and peace.

 

EUR/USD Forecast: Bullish

In a world where most central banks have turned aggressively hawkish to fight high inflation, China indicated looser monetary policy. China is expected to cut its key interest rate for the second time this year on Friday as Covid lockdowns sap the economy. China’s dovish approach has caused bond traders to dial back aggressive bets on Federal Reserve rate hikes. The U.S. dollar depreciated against other peers.

Today we will pay most attention to the European Central Bank decision at 13:45 Frankfurt time and the press conference 45 minutes later. The euro rose ahead of today’s decision as markets see two-quarter point interest hikes by October. The even traditionally dovish ECB sees the need for policy normalization in the face of surging price pressures. Even though no major decisions are expected at today’s meeting, the focus will be on hints about the pace of exiting the central bank’s ultra-loose policy.

EUR/USD – Short-term outlook: Bullish

Technically, the short-term outlook is bullish until approximately 1.10. Whether we could even see a further leg-up towards 1.11 will hinge on the ECB’s hawkishness. The less-likely bearish scenario eyes a downside break of 1.0790 with a lower target at 1.0650.

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

Follow us on social media:

Facebook

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Daily Forex, DAX And Crypto Signals 12/4/22

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 @ 1.0910

Short @ 1.0830

GBP/USD

Long @ 1.3060

Short @ 1.2990

DAX® (GER30)

Long @ 14010

Short @ 13970

ETH/USD

Long @ 3060

Short @ 3010

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.

 

Monthly results 2022:

March 2022: +689 pips

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

 

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

Major Risk Events Loom Before Easter Holiday

This holiday-shortened week is loaded with economic event risk. Before the Easter holiday and the French presidential election on Sunday, market participants are eyeing inflation risk with the U.S. CPI scheduled for release on Tuesday. On Thursday, the European Central Bank will deliver its interest rate decision while no monetary policy changes are expected. Nonetheless, traders should expect some hawkish commentary for the euro.

While other major central banks are already tightening monetary policy, the ECB seems to be behind the curve. Market participants brought forward their calls for interest rate hikes, now seeing moves in September and December. The format of Thursday’s ECB press conference is yet to be decided after ECB President Christine Lagarde tested positive for Covid-19.

EUR/USD – Opening gap

The euro opened higher versus the U.S. dollar this week amid some relief over the French election. However, the upside gap was closed in the early morning hours of trading.

Technically, the pair finds itself in oversold territory which is making corrections towards 1.11 more likely ahead of Thursday’s policy decision. However, there is also potential for disappointment, so potential gains might be limited. A crucial support is seen around 1.08.

GBP/USD – Will the 1.30-support hold?

The cable slid below 1.30 but found some halt at around 1.2980. If sterling bulls are unable to push the pair back above 1.31, we expect further losses and a test of 1.29 in the near-term.

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

Daily Forex, DAX And Crypto Signals

Daily Forex + DAX Signals for 8/4/22:

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 @ 1.0910

Short @ 1.0840

GBP/USD

Long @ 1.3090

Short @ 1.3040

DAX® (GER30)

Long @ 14310

Short @ 14170

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

Torn Between Losers And Big Winners

The U.S. dollar trended higher against its other counterparts Wednesday as the minutes of the Federal Reserve’s March meeting signaled that the central bank is considering half-point rate increases and reducing its balance sheet by more than $1 trillion a year.

However, choppy swings haven’t served us well during the last two days which is why we had to record three losing trades in the EUR/USD and GBP/USD. In the DAX, we were able to compensate previous losses with a final winning sell order that provided a 100-point profit.

DAX: Technically we favor a bearish bias as long as the index remains below 14500. If 13900 breaks we will set lower targets at around 13700 and 13300.

EUR/USD: If the euro remains above 1.0850, we may see some small rebound towards 1.11 but if 1.0840 breaks, we brace for further losses towards 1.08 and 1.07.

GBP/USD: As long as the cable trades below 1.3130, we expect further losses. Sterling bulls will wait for a sustained break above 1.3210 in order to buy sterling towards 1.34.

 

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

Daily Forex Signals 6/4/22

The GBP/USD broke out of its tight trading range Tuesday but gains were limited to a high of 1.3166 – the price level of our yesterday’s long entry in anticipation of further gains. Thus, we had to record a losing trade of 25 pips. The focus shifts now to 1.30 and 1.2950.

Daily Forex, DAX And Crypto Signals 6/4/22:

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 @ 1.0935

Short @ 1.0870

GBP/USD

Long @ 1.3090

Short @ 1.3035

 

Monthly results 2022:

March 2022: +689 pips

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