Daily Forex Signals

Dear traders,

U.S. President-elect Joe Biden proposed a $1.9 trillion Covid-19 relief plan that include stimulus checks and funds to fight the pandemic.

Elsewhere Federal Reserve Chairman Jerome Powell reiterated the Fed’s dovish stance and said policy makers would “let the world know” well in advance of any decision to taper bond purchases.

The U.S. dollar was little changed following Biden’s spending-bill proposal and much seemed to be priced in referring to the muted market reaction.

Let’s see whether we will see some more volatile movements today.

Have a wonderful weekend!

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 @ 1.2180

Short @ 1.2130

GBP/USD

Long @ 1.3715

Short @ 1.3630

DAX® (GER30)

Long @ 13970

Short @ 13870

 

Results 2020:

December 2020: +318 pips

November 2020: +75 pips

October 2020: +432 pips

 

We wish you good trades!

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