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Final Working Week of 2024

This is the final working week of 2024 and investors were cautious ahead of this week’s Federal Reserve meeting. The Fed is set to decide its interest rates on Wednesday, where a 25 basis points cut is largely priced in. However, markets were cautious about the Fed’s long-term rate trajectory as inflation has remained a […]

Focus On U.S. CPI

Friday’s stronger-than-expected U.S. nonfarm payrolls data did little to deter bets on a December rate cut this week. Elsewhere, a major regime change in Syria will entail for geopolitics in the Middle East, after rebel forces ousted President Bashar al-Assad. This week, the focus will also be on the consumer price index, due on Wednesday. […]

DAX With A Tailwind

Dear traders, The Dax broke above the 20000-mark and since the “trend is our friend” bullish momentum is expected to continue. Daily Forex and DAX Signals: Our trading ideas for today 5/12/24:   DAX® (GER40) Long @ 20240 Short @ 20170 Settings for all trades today: Entries from 8:00 am UTC, SL 25, TP 40 […]

Will The DAX Break Above 19700?

Welcome to the final trading month of the year. The Federal Reserve is still expected to cut interest rates by 25bp at the Fed’s final meeting for the year on December 18. Investors are bracing for a potentially slower pace of rate cuts in 2025 amid still sticky inflation and expectation of inflation in the […]

Euro Falls To Two-Year Low

On Friday we saw a sharp downside breakout in the EUR/USD that has sent the currency pair as low as 1.0332 from where it swiftly recovered back to the former support at 1.05. Some of the reasons for the euro’s downside was the escalation in the Russia-Ukraine war ahead of potential Trump-led ceasefire discussions in […]

Euro And Cable: U.S. Dollar Correction Ahead?

We saw a strong U.S. dollar rally following the U.S. election but a correction seems to be inevitable now, which is why caution is warranted when chasing the current rally much further. However, the overall momentum remains bearish in both currency pairs and with the incoming U.S. President Donald Trump policy mix, the markets will […]

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 12/11/24: EUR/USD Long @ 1.0665 Short @ 1.0625 GBP/USD Long @ 1.2835 Short @ […]

Euro Tilts Downwards

The euro has been pressured by U.S. President-elect Donald Trump’s proposals for tariffs on imports, which could hurt European exports and risk a global trade war. Furthermore, political uncertainty remained a drag as German Chancellor Olaf Scholz said he would be willing to call a vote of confidence before Christmas, paving the way for snap […]

Dollar Rally Loses Steam, Focus On Fed

Donald Trump will be, once again, the next president of the USA and the U.S. dollar soared, at least in the beginning of yesterday’s early vote counting. Now it appears as if the dollar rally loses steam. Investors now look to the Federal Reserve decision later int the day for more cues on interest rates. […]

Trump Victory Likely

Donald Trump is now expected to win the U.S. election and the U.S. dollar strengthens. Our last sell order in the EUR/USD was stopped out with a profit of 50 pips this morning. Currently we still have an open sell order in the GBP/USD. Let’s wait and see. Daily Forex and DAX Signals: If you […]