Strong Reason For Caution

Markets overreacted on Tuesday amid optimism around the potential for a peace deal between Ukraine and Russia. While there appeared little immediate prospect of a cease-fire after talks in Turkey, market participants drove the euro, DAX and other risk assets higher. Nonetheless, there is still strong reason for caution, so traders should evaluate their risk exposure.

However, we were able to cash in profits with all of our yesterday’s long entries in both EUR/USD and GBP/USD as well as the DAX.

Daily Forex, DAX And Crypto Signals 30/3/22:

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EUR/USD

Long @ 1.1135

Short @ 1.1070

GBP/USD

Long @ 1.3160

Short @ 1.3080

DAX® (GER30)

Long @ 14780

Short @ 14710

ETH/USD

Long @ 3430

Short @ 3360

 

Monthly results 2022:

February 2022: +531 pips

January 2022: +766 pips

 

Results 2021:

December 2021: +61 pips

November 2021: +452 pips

October 2021: +165 pips

September 2021: +578 pips

August 2021: +135 pips

July 2021: +34 pips

June 2021: +264 pips

May 2021: +528 pips

April 2021: +278 pips

March 2021: +45 pips

February 2021: +42 pips

January 2021: +472 pips

 

Results 2020:

December 2020: +318 pips

November 2020: +75 pips

October 2020: +432 pips