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Daily Forex And Crypto Signals

Daily Forex Signals:

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.

EUR/USD

Long @ 1.1420

Short @ 1.1380

GBP/USD

Long @ 1.3670

Short @ 1.3620

DAX® (GER30)

Long @ 15970

Short @ 15890

ETH/USD

Long @ 3270

Short @ 3170

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.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

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U.S. Dollar Weakness As The Main Driver For Euro And Sterling Gains

The U.S. dollar underperformed against its major counterparts last week amid elevated risk appetite.

The economic docket for this week is fairly light, which is why our focus will be on the technical picture, rather than on the fundamental backdrop.

EUR/USD – Euro gains as a result of the greenback’s weakness

We got a bullish breakout with the pair exiting its recent downtrend channel and clearing the 1.14-resistance. The pair could now be creating a new short-term upward trend channel ranging from 1.15 to 1.13. Euro bulls that dream of a run for 1.16 should wait for an upside break above 1.1530. However, given the fact that the euro was a benefactor of broad U.S. dollar depreciation, rather than strength on its own merit, further gains might be on a shaky ground. For bearish momentum to accelerate and driving the euro back into sell-mode we would need to see a break below 1.1250 but more importantly below 1.12.

GBP/USD – Political instability has no impact on the British pound – at least not until now

While U.K. Premier minister Boris Johnson is facing a tough time, the pound benefits on a softer greenback and shows almost no reaction to a potential ousting of Boris Johnson. Since the pound posted an almost straight-lined upward movement, we expect a correction to happen soon. A break below 1.3650 could lead to a drop toward 1.36, a potential short-term support. We will then focus on a break below 1.3560 with a lower target seen at 1.35. On the upside and if the potential 1.36-support remains intact, the 1.38-mark could act as a resistance.

 

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.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

Follow us on social media:

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Daily Signals

Daily Forex and Crypto Signals:

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.

EUR/USD

Long @ 1.1360

Short @ 1.1315

GBP/USD

Long @ 1.3520

Short @ 1.3490

DAX® (GER30)

Long @ 15960 Trade has hit profit target

Short @ 15840

ETH/USD

Long @ 3820

Short @ 3770

 

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.

Follow us on social media:

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Daily Trading Ideas

Daily Forex Signals:

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.

EUR/USD

Long @ 1.1320

Short @ 1.1260

GBP/USD

Long @ 1.3235

Short @ 1.3185

DAX® (GER30)

Long @ 15680

Short @ 15630

ETH/USD

Long @ 3860

Short @ 3720

 

Monthly results 2021:

 

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

 

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2021 MaiMarFX.

www.maimar.co

Follow us on social media:

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DAX Sells Off Amid Risk Aversion

The Thanksgiving week was dominated by a cautious mood and thus, a rally in safe havens amid concerns over a new coronavirus variant thwarting the recovery in the world’s economy. Additionally, thin liquidity around the U.S. holiday intensifies the risk-off sentiment.

In short, those who followed the trend at the beginning of the week, profited.

The biggest loser was the DAX which dropped like a stone and broke below all recent support levels. Trading around 15600 earlier this morning, we now see a next lower support zone between 15500 and 15400. With covid cases spiking in Europe, a new bull run above 16000 becomes less likely in the near-term.

We wish everyone a beautiful weekend.

Daily Forex Signals:

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.

EUR/USD

Long @ 1.1260

Short @ 1.1185

GBP/USD

Long @ 1.3335

Short @ 1.3290

DAX® (GER30)

Long @ 15570

Short @ 15460

 

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2021 MaiMarFX.

www.maimar.co

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EUR/USD Corrects Gains, GBP/USD Could be in Breakout-Mode

Bullish momentum faded in the EUR/USD and thus, the 1.1670-level remains a short-term resistance for buyers. The pair reversed on Monday and tested the 1.16-support on its hold. We now see a next lower support zone around 1.1570-60 that could be tested before a pullback is due.

GBP/USD Time for a break-out?

The cable traded in a narrow range recently which is why we now watch out for upcoming price breakouts. A renewed break above 1.3775 could spur bullish momentum towards 1.38 and possibly even 1.3830. Below 1.3740 we see chances of a bearish move towards 1.3650.

Daily Forex Signals:

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.

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2021 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram

Daily Forex Signals

Daily Forex Signals:

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

EUR/USD

Long @ 1.1835

Short @ 1.1815

GBP/USD

Long @ 1.3830

Short @ 1.3785

DAX® (GER30)

Long @ 15590 Trade has hit profit target

Short @ 15520

 

Monthly results 2021:

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

 

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2021 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram

Will Quarter-end Flows Benefit The U.S. Dollar?

The U.S. dollar has gained some ground against other peers. Positioning ahead of the U.S. employment report on Friday is, however, not the only reason for the greenback’s latest advance. Covid-19 flareups are a reminder that the fight against the pandemic is still far from over which is why the dollar firms on safe haven demand.

Moreover, today is not only the last day of June but also the end of the second quarter which means that we could see quarter-end flows possibly benefiting the dollar trade. Investors seem cautious to add more risk at quarter-end and traders should expect profit taking.

From a fundamental perspective, we will keep an eye on the Eurozone’s core inflation rate scheduled for release today at 9:00 UTC which could impact the euro and in the afternoon the ADP employment change at 12:15 UTC for a potential effect on the dollar.

EUR/USD: Below 1.1870 we expect further losses towards 1.1810. A short-term resistance is seen at 1.1950.

GBP/USD: Below 1.3815 and further below 1.3785 we may see a fall towards 1.3720. A short-term resistance is however seen at around 1.3880.

DAX: We were able to profit on a larger upward move toward 15750. We see a next higher target at 15950 – provided that 15500 holds and 15810 breaks.

Daily Forex Signals:

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

EUR/USD

Long @ 1.1915

Short @ 1.1890 Open sell position…

GBP/USD

Long @ 1.3865

Short @ 1.3835 Open sell position…

DAX® (GER30)

Long @ 15690

Short @ 15640 Trade has hit profit target

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2021 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram

Daily Forex Signals

Daily Forex Signals:

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

EUR/USD

Long @ 1.1980

Short @ 1.1930

GBP/USD

Long @ 1.3940

Short @ 1.3910

DAX® (GER30)

Long @ 15660

Short @ 15580

 

Monthly results 2021:

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

 

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2021 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram

Daily Forex Signals

Daily Forex Signals:

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

EUR/USD

Long @ 1.2160

Short @ 1.2115

GBP/USD

Long @ 1.4110

Short @ 1.4075

DAX® (GER30)

Long @ 15760

Short @ 15730

 

Monthly results 2021:

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

 

We wish you good trades!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2021 MaiMarFX.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram