Daily Forex Signals

A wave of risk aversion sweeps across global financial markets and the anti-risk dollar benefited.

The U.S. dollar rose versus the euro and British pound and the GBP/USD tested, as expected, the support area around 1.3460 before a reversal followed. We anticipate the cable to remain within a trading range between 1.36 and 1.3440 in short-term time frames.

The EUR/USD traded lower and we believe that the pair could test the 1.21-support area before bullish momentum increases. A current resistance is seen at 1.2210.

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Long @ 1.2190

Short @ 1.2130


Long @ 1.3570

Short @ 1.3490

DAX® (GER30)

Long @ 14010

Short @ 13930


Results 2020:

December 2020: +318 pips

November 2020: +75 pips

October 2020: +432 pips


We wish you good trades!

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