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 of the bulls but be careful – gains could be limited.

While maintaining the ECB’s stimulus after the December boost is good news, ECB President Christine Lagarde warned that the euro-area economy is headed for a double-dip recession.

The resilient euro doesn’t seem to confirm these warnings.

Have a beautiful and healthy weekend everyone!

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


Long @ 1.2180

Short @ 1.2135


Long @ 1.3715

Short @ 1.3665

DAX® (GER30)

Long @ 13920

Short @ 13840


Results 2020:

December 2020: +318 pips

November 2020: +75 pips

October 2020: +432 pips


We wish you good trades!

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