Pound And DAX Sell-Off – Next Targets To Watch Out
Tuesday saw a broad-based sell-off on concerns about inflation. More specifically, concerns over the debt-ceiling impasse added to the fresh bout of risk aversion. The U.S. dollar benefited. Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen warned in a Senate hearing that a U.S. default due to a failure to raise the debt […]
Daily Forex Signals 28/9/2021
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 @ 1.1710 Short @ 1.1680 GBP/USD Long @ 1.3730 Short @ 1.3685 Position has hit profit target DAX® (GER30) […]
Euro testet 1.17-Unterstützung – weitere Verluste voraus?
Willkommen zur letzten Handelswoche im September. Der Euro zeigte sich zur Markteröffnung unbewegt nachdem die Bundestagswahl in Deutschland keinen klaren Gewinner hervorbrachte. Nach einem engen Kopf-an-Kopf-Rennen liegen die Sozialdemokraten vor Merkels Union. Deutschland könnte nun eine Dreierkoalition unter Olaf Scholz bilden, jedoch steht eine schwierige Regierungsbildung bevor, welche sich über Monate hinziehen könnte. Der Euro […]
EUR/USD Tests 1.17-Support, More Losses To Come?
Welcome to the last week of September. The euro was unmoved at this week’s opening as the German election failed to produce a clear winner. Following the tight election, the Social Democrats edged ahead of Merkel’s conservative bloc. Germany is set for a three-way coalition, led by SPD’s Olaf Scholz but it could take months […]
A profitable Trading Week
Signal performance in September: +479 pips so far. A profitable trading week is drawing to a close. As for our daily signals this week’s best performer was the GBP/USD, that provided a net gain of +115 pips in only two days of trading. The largest profit was generated by yesterday’s buy position which was opened […]
U.S. Dollar Remains On Solid Footing After Fed Decision
To sum up, yesterday’s FOMC announcement was hawkish enough to keep the U.S. dollar on a strong footing, even though big market movements were lacking. In terms of a first rate hike, Federal Reserve officials are now evenly split on whether or not it will be appropriate to begin raising rates as soon as next […]
