Highly Profitable Trading Month

It has been a highly profitable month for us which is why we will not reinvest any profit and will now stand on the sidelines.

Our overall performance in June stands at +630 pips.

Those of our subscribers who want to continue to trade during the final days of June receive our daily signal entries as usual.

 

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.

Daily Trading Signals

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 25/6/24:

EUR/USD

Long @ 1.0765

Short @ 1.0710

GBP/USD

Long @ 1.2715

Short @ 1.2665

DAX® (GER40)

Long @ 18260

Short @ 18170

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 2024 MaiMarFX.

www.maimar.co

EUR/USD: Nächstes tieferes Ziel bei 1.0520?

Der US-Dollar setzte in der vergangenen Woche seinen Aufwärtstrend fort, was zusätzlich durch die Schwäche des Euro und des britischen Pfunds begünstigt wurde. Das Pfund Sterling rutschte nach der dovischen Wende der Bank von England in Richtung 1,2620 ab, und der Euro fiel auf seinen Unterstützungsbereich bei 1,0660. Im Allgemeinen bereiten wir uns nun auf eine weitere Abwärtsbewegung des EUR/USD in Richtung 1,05 vor. Wir werden auf einen Durchbruch unter 1,0630 warten, um den Euro in Richtung von 1,0520 zu verkaufen (orange Ellipse).

Insgesamt sind wir in die Sommerflaute eingetreten, in der die Volatilität aufgrund der geringen Liquidität und der Ferien gering ist. Daher sollten Händler nicht zu viel erwarten, mit kleineren Positionen handeln, Gewinne noch früher mitnehmen oder eine Sommerhandelspause einlegen.

In dieser Woche werden die einzigen interessanten Wirtschaftsdaten am Mittwoch der endgültige US-BIP-Bericht für das erste Quartal und am Freitag der US-Kern-PCE-Index veröffentlicht. Der PCE-Index hat sich in letzter Zeit bei 2,8 Prozent eingependelt und liegt damit immer noch deutlich über dem Zielwert der Federal Reserve von 2 Prozent. Ein weiteres unverändertes Ergebnis könnte daher den Druck auf die Fed erhöhen, die Zinssätze länger unverändert zu lassen, was sich positiv auf den Dollar auswirken würde.

 

Wenn auch Sie wissen möchten, wo wir unseren Stopp-Loss und Take-Profit setzen und ob wir an einem bestimmten Tag handeln oder nicht, sowie wie wir unsere Positionen managen, dann abonnieren Sie unseren Signalservice.

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 © 2024 MaiMarFX.

www.maimar.co

EUR/USD: Next Lower Target At 1.0520?

The U.S. dollar continued to move higher last week, boosted additionally by weakness in the euro and British pound. The pound sterling slid towards 1.2620 after the dovish Bank of England turn and the euro fell to its 1.0660-support area. Generally, we now prepare for a next leg lower towards 1.05 in the EUR/USD. We will wait for a break below 1.0630 in order to sell euros towards 1.0520 (orange ellipse).

Overall, we entered the summer doldrums when volatility is low due to thin liquidity and holiday-related conditions. Therefore, traders should not expect too much, trade with smaller positions, take profits even earlier or take a summer trading break.

This week, the only interesting pieces of economic data releases will be Wednesday’s final U.S. Q1 GDP report and Friday’s U.S. core PCE release. The PCE index has recently stalled around 2.8 percent, which is still well above the Federal Reserve’s target of 2 percent. Another unchanged print could therefore increase pressure on the Fed to leave interest rates unchanged for longer, which would be positive for the greenback.

 

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 2024 MaiMarFX.

www.maimar.co

Why The BoE Might Not Be In A Hurry To Lower Interest Rates

The UK CPI printed in line with expectations and dropped to the Bank of England’s target of 2 percent for the first time in nearly 3 years. However, while most of the contributors to the CPI headline figure (YoY%) seem under control, services inflation in the UK remains uncomfortably high. Therefore, today’s Bank of England monetary policy decision is likely to point to this still-elevated services inflation print and thus, the lack of urgency to alter interest rates. Consequently, traders bought GBP/USD in the minutes after yesterday’s CPI release.

A greater chance of a BoE rate cut is seen in September.

The BoE rate decision is scheduled for 11:00 GMT today.

GBP/USD: The pair managed to hold slightly above 1.27 following Wednesday’s UK inflation print. However, a leg lower is still highly possible and we will therefore pay attention to a price break below 1.2620 and further a sustained break below 1.26 in order to sell sterling towards 1.2550. On the other side, any bullish attempts above 1.2765 could be limited until 1.28 – the current resistance.

 

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 20/6/24:

 

GBP/USD

Long @ 1.2725

Short @ 1.2690

 

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 2024 MaiMarFX.

www.maimar.co

Daily Trading Signals

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 18/6/24:

EUR/USD

Long @ 1.0760

Short @ 1.0715

GBP/USD

Long @ 1.2735

Short @ 1.2690

DAX® (GER40)

Long @ 18220

Short @ 18160

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 2024 MaiMarFX.

www.maimar.co

Wird die U.S. Dollarstärke anhalten?

Willkommen zu einer neuen Handelswoche.

Der US-Dollar hat sich stark erholt, nachdem die Federal Reserve im Vergleich zu anderen Zentralbanken, die ihre Politik bereits gelockert haben, einen strafferen geldpolitischen Kurs eingeschlagen hat. Die Marktteilnehmer erwarten jetzt nur noch eine Zinssenkung der Fed in diesem Jahr, während sie zuvor zwei oder drei erwartet hatten. Die aggressiven Aussagen der Fed in der vergangenen Woche zogen Käufer für den Greenback an und zogen den Euro und das britische Pfund nach unten.

Die Bank von England wird wahrscheinlich den Weg für eine Zinssenkung in diesem Sommer ebnen, da die Inflation und der Arbeitsmarkt Anzeichen für eine anhaltende Entspannung zeigen. Es ist jedoch unwahrscheinlich, dass die BoE den Markt bei ihrer Sitzung am Donnerstag mit einer Zinssenkung überraschen wird, aber ihre Aussagen werden mit Spannung erwartet. Wenn die britischen Inflationsdaten, die einen Tag vor der BoE-Entscheidung veröffentlicht werden, im Einklang mit der Entwicklung stehen oder besser ausfallen, kann die Zentralbank möglicherweise eine vorsichtigere Prognose abgeben. Und eine dovische BoE könnte die derzeitige Abwärtsbewegung des Cable fortsetzen.

GBP/USD

Auf dem Wochenchart sehen wir, dass das Paar unter die 1,27-Marke (blaue EMA200) zurückgefallen ist. Ein Verbleib unter 1,27 könnte zu einer weiteren Abwärtsbewegung in Richtung 1,2550 (orange EMA100) führen. Wir empfehlen Händlern, auf einen Durchbruch unter 1,2640 zu warten, um das Pfund in Richtung 1,2620 und 1,26 zu verkaufen. Unterhalb von 1,2590 werden wir auf 1,2550 und 1,2520 setzen.

DAX

Nach dem Rechtsdruck bei den Europawahlen steigen die Anleger weiter aus dem Markt aus und der Index korrigierte deutlich. Nur die entscheidende 18000er-Schwelle konnte den Rückgang stoppen – vorerst. Händler werden nun auf einen Durchbruch unter 17940 mit einem tieferen Ziel bei etwa 17700 achten. Die Bullen könnten sich hingegen erst wieder oberhalb von 18250 engagieren.

 

Wenn auch Sie wissen möchten, wo wir unseren Stopp-Loss und Take-Profit setzen und ob wir an einem bestimmten Tag handeln oder nicht, sowie wie wir unsere Positionen managen, dann abonnieren Sie unseren Signalservice.

 

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 © 2024 MaiMarFX.

www.maimar.co

 

Will U.S. Dollar Strength Persist?

Welcome to a new trading week.

The U.S. dollar has strongly recovered after the Federal Reserve showed a tighter monetary policy stance than other central banks, which have already eased policy. Market participants now expect only one Fed rate cut this year versus two or three earlier. The hawkish Fed statement from last week attracted buyers in the greenback and thus, dragged the euro and British pound lower.

The Bank of England is likely to pave the way towards a rate cut this summer as inflation and the labour market show signs of continued easing. However, the BoE is unlikely to surprise the market with a rate cut when they meet this Thursday but their messaging will be eagerly anticipated. If UK inflation data, released one day before the BoE decision, is in line or better, the central bank may be able to give a more dovish forecast. And a more dovish BoE could extend the current downward move in the cable.

GBP/USD

Looking at the weekly chart we see that the pair fell back below the 1.27-benchmark (blue EMA200). Remaining below 1.27 could see a next leg lower towards 1.2550 (orange EMA100). We recommend traders to wait for a break below 1.2640 in order to sell the pound towards 1.2620 and 1.26. Below 1.2590 we will go for 1.2550 and 1.2520.

DAX

Investors continue to exit the market in the wake of a shift to the far right in the European elections and the index corrected sharply. Only the crucial 18000-threshold could stop the fall – for now. Traders will now pay attention to a break below 17940 with a lower target at around 17700. Bulls may engage, however, only above 18250.

 

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 2024 MaiMarFX.

www.maimar.co

Super Wednesday

As expected, the EUR/USD sold off and fell to our next lower target at 1.0725. The downtrend in the euro picked up steam following French President Macron’s defeat and the surprise announcement of snap elections in France.

Today we have the so called “Super Wednesday” when traders prepare for increased volatility with both the release of U.S. inflation data and the Fed meeting in the offing.

The Federal Reserve is expected to maintain a hawkish stance following the strong U.S. labor market data from last Friday. While interest rates are expected to stay unchanged, the focus will be on the Fed’s monetary policy statement and Fed Chair Jerome Powell’s comments for clues about future monetary policy guidance.

EUR/USD: Traders now wait for a clear break below 1.07 in order to engage in a new round of selling. We recommend to wait at least for a break below 1.0690 in order to sell the pair towards 1.0670 in a first, and towards 1.0640 in a second step. The next crucial support is however seen at 1.06.

DAX: The index has recently corrected and fell slightly below 18300. We see an even more important support at the EMA100 at around 18200 from where buyers could jump back in. For buyers, we recommend to take profit at around 18500 – for now.

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 12/6/24:

EUR/USD

Long @ 1.0785

Short @ 1.0730

GBP/USD

Long @ 1.2765

Short @ 1.2725

 

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 2024 MaiMarFX.

www.maimar.co

Daily Trading Signals

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 11/6/24:

EUR/USD

Long @ 1.0820

Short @ 1.0735

GBP/USD

Long @ 1.2760

Short @ 1.2710

DAX® (GER40)

Long @ 18560

Short @ 18480

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 2024 MaiMarFX.

www.maimar.co