No Signal Service From 27.3. To 21.4.23

Since we are traveling, we will not be offering our signal service from 3/27 to 4/21/2023.

Da wir uns auf Reise befinden, bieten wir in der Zeit vom 27.3. bis 21.4.23 keinen Signalservice an.

 

All the best,

MaiMarFX Team

Daily Trading Ideas

Daily Forex and DAX 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.

Our trading ideas for today 24/3/23:

EUR/USD

Long @ 1.0870

Short @ 1.0815

GBP/USD

Long @ 1.2310

Short @ 1.2240

DAX® (GER40)

Long @ 15180

Short @ 15120*

 

Monthly results 2023:

March 2023: +408 pips

February 2023: +475 pips

January 2023: +123 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 2023 MaiMarFX.

www.maimar.co

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U.S. Dollar Sells Off After Less-Hawkish Fed Statement

We got what we were looking for: A volatile price breakout with a good profit. We were able to catch a 100-pips-gain in the EUR/USD amid a broad-based sell-off in the U.S. dollar. The greenback’s move was prompted by the Federal Reserve’s softer guidance, which was less hawkish, suggesting that the central bank’s rate hike cycle is close to its end. This bearish outcome led to the sell-off in the dollar and pushed other counterparts higher in turn.

EUR/USD: Focus is now on the 1.0930-50-resistance zone. A break above 1.0960 could lead to a test of the 1.1033-February-high. A current support is seen at around 1.0750.

GBP/USD: Next hurdle lies at 1.2350, followed by the crucial 1.2450-resistance. The 1.22-area could act as a support for now.

The Bank of England is due to decide on interest rate hikes today. Any less-hawkish monetary policy decision could see sterling trade lower.

Daily Forex and DAX 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.

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2023 MaiMarFX.

www.maimar.co

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All Eyes On The Fed

Speculation that an impending economic slowdown will prompt central banks to switch back to looser monetary policy triggered a renewed surge higher in markets. The euro and DAX recovered recent losses while the U.S. dollar tumbled despite higher Treasury yields.

All eyes turn to the Federal Reserve rate decision today at 18:00 UTC and Chair Jerome Powell’s press conference 30 minutes later. The probability of a 25bp rate hike is around 75 percent. Sure is, that if the Fed puts the banking crisis ahead of inflation and rate increases, the dollar will go even lower. Traders should expect high volatility.

EUR/USD: Focus is on a break of 1.0810 that could send the euro towards a test of 1.09-1.0950. Above 1.0960 we will pay attention to the euro’s latest high at 1.1033. On the downside, we will watch out for a break below 1.0680 and further below 1.0650 in order to sell the euro towards 1.0550.

GBP/USD: The cable reversed shy of 1.23. If the resistance area around 1.2350 breaks to the upside, we could see another of 1.2450 with a potential breakout chance to the upside. Bears should watch out for prices below 1.21 in order to sell the pound towards 1.20 and 1.18.

Daily Forex and DAX 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.

Our trading ideas for today 22/3/23:

EUR/USD

Long @ 1.0780

Short @ 1.0735

GBP/USD

Long @ 1.2275

Short @ 1.2185

DAX® (GER40)

Long @ 15260*

Short @ 15190

 

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 2023 MaiMarFX.

www.maimar.co

Follow us on social media:

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Finanzstabilität versus Preisstabilität

Es ist ein Kampf zwischen Finanzstabilität und Inflationsbekämpfung. Die US-Notenbank wird am Dienstag und Mittwoch tagen, um über ihren nächsten Schritt in Sachen Zinsen zu entscheiden. Der nächste Schritt der Fed wird genau beobachtet werden, da die jüngsten Bankenzusammenbrüche Erinnerungen an die Finanzkrise von 2008 wecken. Die Währungshüter befinden sich in einem Dilemma zwischen der Notwendigkeit, das Finanzsystem zu stabilisieren und die Inflation einzudämmen, um größere Risse im Bankensektor zu vermeiden. Die Erwartungen für eine Zinserhöhung ändern sich in den letzten Tagen sehr schnell, so dass Händler am Mittwoch mit einer hohen Volatilität rechnen sollten. Wenn die Fed Vertrauen in die Fähigkeit der Banken signalisiert, auf Liquidität zuzugreifen und die Einlagenflucht in den Griff zu bekommen, kann sie sich weiterhin auf die Inflation konzentrieren, die mit 6 Prozent immer noch deutlich über ihrem Preisstabilitätsziel von 2 Prozent liegt.

Das Hauptaugenmerk wird auf der Kommunikation des Fed-Vorsitzenden Jerome Powell liegen und darauf, wie er die jüngste hawkische Haltung der Fed erklärt, ohne weitere Bedenken zu wecken. Die Erwartungen tendieren zu einer Anhebung um 25 Basispunkte, nachdem alle Wetten auf eine Anhebung um 50 Basispunkte verschwunden sind.

Am Donnerstag wird von Bank von England erwartet, dass sie die Zinsen um einen Viertel Basispunkt anhebt.

Andernorts und angesichts der Sorgen um die Finanzstabilität stürzte der DAX in Richtung 14500 ab. Sollte diese Unterstützung durchbrochen werden, liegt das nächste Ziel bei 14000. Der Widerstand liegt derzeit bei etwa 14800.

Unsere Handelsideen für heute, den 20.3.23:

EUR/USD

Long @ 1.0675

Short @ 1.0640

GBP/USD

Long @ 1.2210

Short @ 1.2160

DAX® (GER40)

Long @ 14660

Short @ 14490

Einstellungen für alle Trades heute: SL 25, TP 40

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.

Wir wünschen gute Trades!

 

Copyright © 2023 MaiMarFX.

www.maimar.co

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Financial stability versus price stability

It is a fight between financial stability and fighting inflation. The Federal Reserve will meet on Tuesday and Wednesday to decide its next step on interest rates. The Fed’s next move will be closely watched as recent bank failures are stirring memories of the 2008 financial crisis. Policymakers are in a dilemma between the need to stabilize the financial system and contain inflation to avoid wider cracks in the banking industry. Rate hike expectations shift very quickly in recent days, so traders should expect high volatility on Wednesday. If the Fed indicates confidence in the banks’ ability to access liquidity and deal with deposit flight, it can keep its focus on inflation, which at 6% is still well above its price stability goal of 2%.

The focus will be on Fed chair Jerome Powell’s communication and how he explains its recent hawkish stance without stirring further concerns. Expectations tend in favor of a 25bp increase after all bets of a 50bp hike have vanished.

On Thursday, the Bank of England is expected to raise rates by a quarter basis point hike.

Elsewhere and amid financial stability concerns, the DAX crashed towards 14500. If this support breaks, the next lower target is 14000. Resistance is currently seen at around 14800.

Daily Forex and DAX 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.

Our trading ideas for today 20/3/23:

EUR/USD

Long @ 1.0675

Short @ 1.0640

GBP/USD

Long @ 1.2210

Short @ 1.2160

DAX® (GER40)

Long @ 14660

Short @ 14490

Settings for all trades today: Entries from 8:00 am UTC, SL 25, TP 40

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 2023 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram

Daily Trading Ideas

Daily Forex and DAX 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.

Have a wonderful weekend!

Our trading ideas for today 17/3/23:

EUR/USD

Long @ 1.0670

Short @ 1.0610

GBP/USD

Long @ 1.2180

Short @ 1.2140

DAX® (GER40)

Long @ 15070

Short @ 14990

 

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 2023 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram

Notenbanker befinden sich in einem Dilemma

Gestern erlebten wir wie der Markt reagiert, wenn Panik aufkommt. Panik vor einer neuen Bankenkrise, Panik um die Einlagen bei den größten Banken Europas. Nach dem Kollaps der Silicon Valley und Signature Bank in den USA, strauchelt jetzt auch die Credit Suisse. Anleger fürchten einen Dominoeffekt auf andere Banken und flüchteten sich in Reservewährungen wie den U.S. Dollar. Dennoch wird auch dieser im Falle eines Systemcrash nicht sicher sein.

Die Währungshüter befinden sich in einem Dilemma. Die Inflation ebbt nicht ab, da in den letzten Jahren zu viel Fiatgeld im Umlauf war, welches von Regierungen bereitgestellt wurde um angeschlagene Wirtschaften zu unterstützen. Dieses Geld ist nicht an den Preis eines Rohstoffes gebunden und liegt in seinem Überschuss den zu wenigen Gütern auf. Eine jahrelange und ultralockere Geldpolitik ist also zwangsläufig der Grund für die Inflation. Die Währungshüter versuchen die Teuerungsrate nun mit restriktiven Maßnahmen wie Zinserhöhungen zu drosseln, schütten dabei aber immer mehr Öl ins Feuer. Die höheren Zinssätze führen dazu, dass Unternehmen Schwierigkeiten haben Gelder bei den Banken zu leihen oder Kredite zu bedienen. Dies führt wiederum dazu, dass diese Unternehmen Arbeitsplätze streichen müssen, da sie nicht mehr liquide sind. Und schon haben wir die Stagflation, eine Stagnierung der Wirtschaft bei gleichzeitiger Geldentwertung. Dies könnte dann schlimmstenfalls in einer Rezession münden und zu einer Liquiditätskrise der Banken führen und somit, wie auch bei der SVB, zu einem Kollaps.

Kurzum wäre der einzige Weg wieder eine akkommodative Geldpolitik dessen Preis die Inflation ist, die keiner mehr eindämmen kann. Im schlimmsten Fall und wovon keiner sprechen mag, könnte dem westlichen Finanzsystem das Ende drohen.

Ob die Währungshüter noch eine Wildcard für ihr angeschlagenes System aus dem Ärmel ziehen bleibt abzuwarten.

Heute um 14:15 Uhrwerden wir von der Europäischen Zentralbank erfahren, um viele Basispunkte der Leitzinssatz wieder angezogen werden soll. Erwarten worden war eine Anhebung um 50 Basispunkte, jedoch wetten Trader nach dem ganzen Tumult der letzten Tage auf eine kleinere 25bp-Anhebung. Eine kleinere Zinsanhebung wäre neutral bis bärisch für den Euro.

EUR/USD: Wir werden auf Kursausbrüche oberhalb von 1.0810 oder unterhalb von 1.0480 achten.

 

Wir wünschen gute Trades!

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 © 2023 MaiMarFX.

www.maimar.co

Folgen Sie uns über die sozialen Medien:

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Policymakers Find Themselves In A Dilemma

Yesterday we saw how the market reacts when panic sets in. Panic about a new banking crisis, panic about deposits at Europe’s largest banks. After the collapse of Silicon Valley and Signature Bank in the USA, Credit Suisse is also in a fragile position. Investors fear a domino effect on other banks and fled into reserve currencies such as the U.S. dollar. Nevertheless, even the greenback will not be safe in the event of a system crash.
Policymakers are in a dilemma. Inflation is not abating because there has been too much fiat money in circulation in recent years, provided by governments to support struggling economies. This money is not tied to the price of a commodity, so there is too much money on too few goods. Thus, years of ultra-loose monetary policy are inevitably the cause of inflation. Monetary authorities are now trying to curb the rate of inflation with restrictive measures such as interest rate hikes, but in the process, they are adding fuel to the fire.  Higher interest rates mean that companies are having difficulty borrowing money from banks or servicing loans. This in turn forces companies to cut jobs because they are no longer solvent. And there we have stagflation, a stagnation of the economy with simultaneous demonetization. In the worst-case scenario, this will lead to a recession and a liquidity crisis for the banks and thus, as with the SVB, to a collapse.

In short, the only solution would be a return to an accommodative monetary policy, the price of which would be inflation that no one would be able to contain. In the worst case, which no one wants to talk about, the Western financial system could come to an end.

It remains to be seen whether policymakers will pull another wild card for their battered system.
At 13:15 p.m. today, we will learn from the European Central Bank by how many basis points the key interest rate will be raised again. Expectations tended to a hike of 50 basis points, but after all the turmoil of recent days traders are now betting on a smaller 25bp increase. A smaller rate hike would be neutral to bearish for the euro.
EUR/USD: We will pay attention to price breakouts either above 1.0810 or below 1.0480.

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 2023 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram

Daily Trading Ideas

Volatility is expected around the U.S. CPI release today at 12:30 UTC.

Daily Forex and DAX 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.

Our trading ideas for today 14/3/23:

EUR/USD

Long @ 1.0730

Short @ 1.0680*

GBP/USD

Long @ 1.2185

Short @ 1.2130

DAX® (GER40)

Long @ 15060

Short @ 14940

 

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 2023:

February 2023: +475 pips

January 2023: +123 pips

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2023 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram