Happy New Year everyone!
The U.S. dollar came under renewed selling pressure after U.S. payrolls showed a 226k net increase in December, modestly beating expectations and dampening economic concerns.
What’s up next: We have the market’s favorite inflation indicator, the CPI index, due for release on Thursday.
Let’s see what our first trading week of the year will bring.
Our trading ideas for today 9/1/23:
Long @ 1.0710
Short @ 1.0675*
Long @ 1.2170
Short @ 1.2140*
Long @ 14720
Short @ 14640
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.
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.