Fasten Your Seatbelt For A Busy Week

This week will be one of the busiest with the highlight being tomorrow’s Federal Reserve monetary policy decision. The Bank of England is due to announce its policy decision on Thursday but it’s expected that the BoE will not be able to cut rates before August, whereas the Fed and the European Central Bank will likely cut in June.

We wish everyone good trades for this week.

Daily Forex and DAX Signals:

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Our trading ideas for today 19/3/24:

EUR/USD

Long @ 1.0910

Short @ 1.0835

GBP/USD

Long @ 1.2765

Short @ 1.2690

DAX® (GER40)

Long @ 17960

Short @ 17870

Settings for all trades today: Entries from 8:00 am UTC, SL 25, TP 40

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.