Daily Trading Signals

This week went off to a quiet start with very little movement in the U.S. dollar crosses. Our buy order in the GBP/USD at 1.2630 ended with a small loss of 4 pips. Elsewhere however, in the DAX, we were able to pocket a profit yesterday with a buy order at 15910 and a successful take profit at 15950.

Let’s see what today brings.

Daily Forex and DAX Signals:

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Our trading ideas for today 5/9/23:

EUR/USD

Long @ 1.0820

Short @ 1.0740

GBP/USD

Long @ 1.2630

Short @ 1.2580

DAX® (GER40)

Long @ 15790*

Short @ 15740

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

We wish you good trades!

Any and all liability of the author is excluded.