Posts

Our Trading Ideas For Today

/in /by

What will be interesting this week?

The European Central Bank is expected to cut rates by another 25bp this Thursday. Before we come to the ECB decision we will keep an eye on the U.S. CPI, due for release on Wednesday. The U.S. dollar was able to recover some of its recent losses which is due to less-dovish Federal Reserve rate cut expectations. Market participants now expect the Fed to cut rates by 25bp on September 18 and this move is already priced in.

EUR/USD: A crucial support is seen around 1.0950 which could stop the euro from falling further. On the upside, the 1.11 hurdle will be interesting to watch and price breaks above 1.1110 and 1.1160 could reactivate bullish momentum.

 

Daily Forex and DAX 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.

Our trading ideas for today 10/9/24:

EUR/USD

Long @ 1.1080

Short @ 1.1025

GBP/USD

Long @ 1.3130

Short @ 1.3040

DAX® (GER40)

Long @ 18460

Short @ 18390

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.

Daily Trading Signals

/in /by

Daily Forex and DAX 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.

Our trading ideas for today 4/9/24:

EUR/USD

Long @ 1.1080

Short @ 1.1015

GBP/USD

Long @ 1.3160

Short @ 1.3085

DAX® (GER40)

Long @ 18560

Short @ 18490

Settings for all trades today: Entries from 8:00 am UTC, SL 25, TP 20-30

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 2024 MaiMarFX.

www.maimar.co

U.S. Dollar Slides

/in /by

Hello everyone! We are back from our holidays and ready to start in a fresh and healthy manner into a new round of trading.

The U.S. dollar has been in a downtrend amid geopolitical issues in the Middle East and a dovish Federal Reserve stance.

Thus, both EUR/USD and GBP/USD have post multi-month highs fueled by ongoing U.S. dollar weakness. The greenback has moved sharply lower over the summer months as traders price in a more dovish Federal Reserve. We expect that the downward pressure on the dollar will continue.

EUR/USD – Weekly

GBP/USD – Weekly

Since the FOMC meeting in July meeting, a string of data releases has pointed to growing weakness in the US economy, suggesting that the Fed will start to trim interest rates in September. Financial markets currently price in a 67.5% chance of a 25-basis point and a 32.5% chance of a 50-basis cut.

Last but not least, the DAX has posted a new all-time high.

DAX – Weekly

 

The trend is our friend. However, the market’s high levels should also be a warning to investors. A look at stock market and monetary history proves it: for years, money was practically free, then the Fed and other central banks raised interest rates sharply due to inflation, so that interest rates have been higher than inflation for some time now. Whenever this was the case, a recession was the result. The money printing machine from the days of cheap money suddenly becomes a huge problem that causes the economy to collapse. Investors should therefore be on alert.

 

Daily Forex and DAX 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.

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 2024 MaiMarFX.

www.maimar.co

Daily Trading Signals

/in /by

Daily Forex and DAX 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.

Our trading ideas for today 16/7/24:

EUR/USD

Long @ 1.0910

Short @ 1.0870

GBP/USD

Long @ 1.2980

Short @ 1.2935

DAX® (GER40)

Long @ 18560

Short @ 18490

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!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2024 MaiMarFX.

www.maimar.co

U.S. CPI In Focus

/in /by

Federal Reserve Chair Jerome Powell did not reveal anything new at his Congressional testimony, so the market’s expectations of a potential rate cut in September remain in place. Powell stuck with the idea that more data are needed to nail down an interest rate cut this year but his comments didn’t alter what was already priced in before.

Today at 12:30 GMT, we will have the U.S. inflation numbers scheduled for release. Economists expect overall, annualized inflation to have decelerated to 3.1 percent from 3.3 percent. The core inflation print is expected at a steady 3.4 percent.

The EUR/USD holds stable above 1.08. A break above 1.0860 could take the pair to the next resistance at 1.09. Bears, on the other side, will wait for a break below 1.0780.

The GBP/USD was the best performer recently, heading for 1.29. The area around 1.29 could prove a crucial resistance, that is why we recommend traders to wait for a break above 1.2910 in order to engage in a bull run towards 1.30.

The DAX tested its support area at around 18200 before bulls took back control and sent the index surging until 18460.

 

We entered the summer doldrums which is why we may face quieter trading conditions. Therefore, we will not invest much, trade with smaller positions and don’t trade every day.

 

Daily Forex and DAX 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.

Our trading ideas for today 11/7/24:

EUR/USD

Long @ 1.0860

Short @ 1.0790

GBP/USD

Long @ 1.2880

Short @ 1.2810

DAX® (GER40)

Long @ 18480

Short @ 18390

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!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2024 MaiMarFX.

www.maimar.co

Daily Trading Signals

/in /by

Daily Forex and DAX 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.

Our trading ideas for today 9/7/24:

EUR/USD

Long @ 1.0835

Short @ 1.0790

GBP/USD

Long @ 1.2825

Short @ 1.2785

DAX® (GER40)

Long @ 18530

Short @ 18420

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!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2024 MaiMarFX.

www.maimar.co

Daily Trading Signals

/in /by

Daily Forex and DAX 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.

Our trading ideas for today 2/7/24:

EUR/USD

Long @ 1.0760

Short @ 1.0715

GBP/USD

Long @ 1.2670

Short @ 1.2630

DAX® (GER40)

Long @ 18330

Short @ 18240

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!

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2024 MaiMarFX.

www.maimar.co

Ruhigere Handelsbedingungen voraus?

/in /by

Wir wünschen Ihnen allen einen guten Monat Juli.

Der US-Dollar schwächte sich gegenüber anderen Währungen leicht ab, nachdem der mit Spannung erwartete US-PCE Index vom Freitag die Marktprognosen erfüllte. Der nächste Impulsgeber könnten die US-Arbeitsmarktdaten sein, die am Freitag dieser Woche veröffentlicht werden, doch sind die US-Märkte am Donnerstag geschlossen, so dass der Arbeitsmarktbericht dieses Monats möglicherweise nicht die übliche Aufmerksamkeit erhält, da die Händler ihren Unabhängigkeitstag verlängern.

Wir sind in die Sommerflaute eingetreten, weshalb wir mit ruhigeren Handelsbedingungen rechnen müssen. Daher werden wir nicht viel investieren, mit kleineren Positionen handeln und nicht jeden Tag traden.

EUR/USD: Ein nächster Widerstand liegt bei etwa 1,08. Die Bullen werden auf einen Ausbruch über 1,0820 warten. Eine Unterstützung wird hingegen bei 1,0660 gesehen. Wir werden einen Durchbruch unter 1,0640 im Auge behalten.

GBP/USD: Die Unterstützung bei etwa 1,2610 hat sich als stabil erwiesen. Für eine mögliche nächste Abwärtsbewegung empfehlen wir, auf einen Durchbruch unter 1,2570 zu warten. Die Bullen des Pfund Sterling hingegen könnten sich oberhalb von 1,2670 bis 1,27 engagieren.

DAX: Ein nächster Widerstand wird bei 18450 gesehen, von wo aus eine Korrektur fällig werden könnte. Ein Ausbruch über 18460 könnte jedoch zu einer Beschleunigung der Dynamik bis 18600 führen. Eine kurzfristige Unterstützung auf der Unterseite könnte bei 18200 liegen.

 

Wenn auch Sie wissen möchten, wo wir unseren Stopp-Loss und Take-Profit setzen und ob wir an einem bestimmten Tag handeln oder nicht, sowie wie wir unsere Positionen managen, dann abonnieren Sie unseren Signalservice.

Wir wünschen gute Trades!

Der Inhalt des Beitrags spiegelt die persönliche Meinung des Autors wider. Dieser übernimmt für die Richtigkeit und Vollständigkeit keine Verantwortung und schließt jegliche Regressansprüche aus. Dieser Beitrag stellt keine Kauf- oder Verkaufsempfehlung dar.

Copyright © 2024 MaiMarFX.

Quieter Trading Conditions Ahead?

/in /by

We wish you all a good and healthy summer month of July.

The U.S. dollar slightly weakened against other counterparts after Friday’s highly-anticipated US Core PCE data met market forecasts. The next driver could be this week’s U.S. nonfarm payrolls, due to be released on Friday, but US markets are closed on Thursday, so this month’s job report may not get the usual attention as traders extend their Independence Day holiday.

We entered the summer doldrums which is why we may face quieter trading conditions. Therefore, we will not invest much, trade with smaller positions and don’t trade every day.

EUR/USD: A next resistance comes in at around 1.08. Bulls will wait for a break above 1.0820. A support is however seen at 1.0660. We will keep an eye on price breaks below 1.0640.

GBP/USD: The support at around 1.2610 has proved to hold. For a potential next leg lower we recommend waiting for a break below 1.2570. Sterling bulls, on the other side, may engage above 1.2670 until 1.27.

DAX: A next resistance is seen at 18450 from where a correction might be due. A break above 18460, however, could see accelerated momentum until 18600. A short-term support, on the downside, could come in at 18200.

 

Daily Forex and DAX 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.

 

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.

Highly Profitable Trading Month

/in /by

It has been a highly profitable month for us which is why we will not reinvest any profit and will now stand on the sidelines.

Our overall performance in June stands at +630 pips.

Those of our subscribers who want to continue to trade during the final days of June receive our daily signal entries as usual.

 

Daily Forex and DAX 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.

 

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.