Will The Dax’s Steep Rise Continue?
While the EUR/USD and GBP/USD ended yesterday’s trading day fundamentally unchanged, the DAX continued its rise to a record high of 17602. Our long entry at 17440 has thus proved highly profitable. While we doubt that this steep rise will last for long, we will focus on a crucial support area coming in at around […]
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 27/2/24: EUR/USD Long @ 1.0865 Short @ 1.0830 GBP/USD Long @ 1.2710 Short @ […]
U.S. Dollar könnte im Vorfeld der PCE-Daten am Donnerstag stärker werden
Die vergangene Woche war durch einen schwächelnden US-Dollar gekennzeichnet, der sowohl den Euro als auch das britische Pfund zu einem Test kritischer Widerstände drängte. Der Euro kletterte über 1,0830 und testete die Marke von 1,0888, von wo aus die Euro-Bullen das Blatt jedoch nicht mehr wenden konnten. Zu Beginn dieser Woche liegt die Gemeinschaftswährung wieder […]
U.S. Dollar Could Strengthen Ahead Of Thursday’s PCE Data
Last week was characterized by a weakening U.S. dollar which has pushed both Euro and British pound towards a test of critical resistances. The euro climbed above 1.0830 and surged to a test of 1.0888 from where euro bulls were however unable to turn the tide. At the opening of this week, we see the […]
Euro Stabilizes Above 1.0830
The euro broke above 1.0830. A next target for euro bulls could be at 1.0880. The Euro area’s core inflation rate is scheduled for release at 10:00 UTC today. 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 […]
A Profitable Trading Day
The U.S. dollar declined on the back of subdued U.S. yields while other significant drivers were lacking. The greenback may receive a boost today from the FOMC minutes in the evening. The EUR/USD surged to a high of 1.0839 and euro bulls were able to profit. Our yesterday’s long entry at 1.0780 hit our profit […]
