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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. […]

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 […]

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 […]

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 […]

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 […]

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 @ […]

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 […]

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 […]

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. […]

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 […]