The Fed is Unlikely to Surprise the Market
The British pound rose to a high of 1.3750 against the U.S. dollar and analysts predict that sterling will continue to outperform against other peers. One of the reasons for the pound’s strength is the vaccine rollout in the U.K. which is going better than almost anywhere else. While vaccine rollouts elsewhere are lagging, Britain […]
Daily Forex Signals
Daily Forex 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 @ 1.2160 Short @ 1.2115 GBP/USD Long @ 1.3690 Short @ 1.3630 DAX® (GER30) Long @ 13660 Short @ […]
Short Traders Profit Amid Increasing Risk Aversion
Dear traders, Investors mulled the possibility that a U.S. fiscal-relief package might be delayed and the U.S. dollar advanced amid increasing risk aversion. On the pandemic front, vaccine coverage won’t reach a point that would stop transmission of the virus in the foreseeable future, the World Health Organization said Monday. Short traders in the EUR/USD, […]
Euro And Pound Poised For Further Strength But be Careful
Friday saw the euro tread water with the price reluctant to push above the 1.2180-mark. Thus, the technical picture in the EUR/USD has not fundamentally changed and we still anticipate another leg up towards 1.2250-70. If the pair is however unable to steady above 1.22 traders will focus on lower targets at 1.20 and 1.1960. […]
Zeichen stehen zugunsten weiterer Stärke im Euro und Pfund, jedoch ist Vorsicht geboten
Der Euro trat am Freitag auf der Stelle und weigerte sich über die 1.2180-Schwelle hinaus zu klettern. Somit hat sich das technische Bild im EUR/USD nicht wesentlich verändert, wobei wir momentan immer noch mit einer Aufwärtsbewegung in Richtung von 1.2250-70 rechnen. Schafft es das Paar hingegen nicht sich oberhalb von 1.22 zu stabilisieren, muss mit […]
Daily Forex Signals
Dear traders, The euro did not surprise traders and rallied after the European Central Bank decided to keep interest rates and stimulus efforts unchanged. However, the 1.2170-mark proved to be challenging – as expected – and the euro bounced off that short-term resistance level. As we wrote in yesterday’s post, chances are still in favor […]
