The week started very profitable with two take-profits in our sell orders in the EUR/USD and GBP/USD yesterday. We will therefore not reinvest that profit today. Elsewhere, the DAX fluctuated directionless sideways within its resistance zone. Let’s wait and see.
Daily Forex and DAX Signals:
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Our trading ideas for today 5/12/23:
Long @ 1.0880
Short @ 1.0785
Long @ 1.2675
Short @ 1.2590
Long @ 16440
Short @ 16360
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.
We wish you good trades!
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