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Roller-Coaster Day

January 11, 2018 in /by

Dear Traders, Yesterday can be described as a roller-coaster day in the markets which was not to our liking. News that officials in Beijing, China, have recommended slowing or halting purchases of U.S. bonds have sent the U.S. dollar sharply lower, at least in a short-term. However, the news was not enough to change the […]

Euro Depreciates Against Dollar, Pound With A Tailwind

January 9, 2018 in /by

Dear Traders, The U.S. dollar experienced a long-needed recovery against most of its major peers at the beginning of this week while the strongest move was seen against the euro. The EUR/USD dropped below 1.20 and extended its slide towards 1.1950. Whether we will see further losses in this pair remains to be seen and […]

U.S. Dollar Weaker Ahead Of NFP Report

January 5, 2018 in /by

Dear Traders, The euro extended its gains and headed towards 1.21 on the back of a weakening U.S. dollar. Our long entry has thus proved profitable. As stated in our yesterday’s analysis, we now expect the EUR/USD to test the 1.2130/50 area. A current support is however seen at the 1.20-barrier. The British advanced against […]

Happy New Year 2018

December 27, 2017 in /by

Christmas Holiday Break: Dear Traders, There will be no signal service during our Christmas holiday break between December 25 and January 4. Our signal service will be resumed on January 4. We wish all readers and traders relaxing Christmas holidays and a happy new year 2018! The MaiMarFX Team

Euro Drops In Thin Pre-Holiday Trade

December 22, 2017 in /by

Dear Traders, The euro dropped in early Asia trading after Catalan separatists won the snap election in the region, reflecting once again Catalonia’s desire for independence from Spain. We were able to benefit from the downward move as our short trade hit the larger profit target at 1.1818. As long as the euro remains above […]

Senate Passes U.S. Tax Bill

December 20, 2017 in /by

Dear Traders, The British pound ended the trading day unchanged against the U.S. dollar after it fell to a low near 1.3330. The greenback on the other side, strengthened against most of its peers Tuesday with the exception of the euro. Investors awaited the final votes on the U.S. tax-cut legislation with the House taking […]

Euro And Pound Strengthen Amid Sideways Trend

December 19, 2017 in /by

Dear Traders, Both euro and British pound slightly recovered against the U.S. dollar at the beginning of this week. Yesterday’s upward movements contribute to keeping the current sideways trading range in both currency pairs EUR/USD and GBP/USD intact. While we do not expect larger market swings in these final trading days we focus on the […]

Markets To Enter Quiet Trading Period

December 15, 2017 in /by

Dear Traders, With all major risk events now behind us, there was little movement in the market Thursday as many market participants around the globe are gradually leaving for the Christmas holidays. Given the seasonal liquidity drain we recommend taking profits at smaller targets now or staying on the sidelines, considering a trading break around […]