DAX trading – Page 15

GBP/USD: Correction Ended?

January 25, 2023/in General News & Updates /by MaimarFX

As anticipated the GBP/USD corrected recent gains and tested the support area between 1.23 – 1.2250. If 1.23 holds, a next leg up is possible with a potential upside breakout above 1.2450. However, another fall below 1.2280 could see a bearish move towards 1.22.

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 25/1/23:

EUR/USD

Long @ 1.0920

Short @ 1.0865

GBP/USD

Long @ 1.2340

Short @ 1.2310

DAX® (GER40)

Long @ 15110

Short @ 15040

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.

Profitable Trades

January 24, 2023/in General News & Updates /by MaimarFX

As for our two major currency pairs, it has been a profitable start to the new week. In terms of profits, however, the DAX is lagging behind but we await a price breakout very soon. We will keep tabs on prices either above 15200 or below 15000.

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 24/1/23:

EUR/USD

Long @ 1.0920

Short @ 1.0860

GBP/USD

Long @ 1.2410

Short @ 1.2370

DAX® (GER40)

Long @ 15180

Short @ 15080

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.

Subscribe to our daily signal service

We wish you good trades!

Any and all liability of the author is excluded.

www.maimar.co

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Trading Signals 20/1/23

January 20, 2023/in General News & Updates /by MaimarFX

Have a very good weekend.

Our trading ideas for today 20/1/23:

EUR/USD

Long @ 1.0860

Short @ 1.0815

GBP/USD

Long @ 1.2410

Short @ 1.2330

DAX® (GER40)

Long @ 15060

Short @ 14970

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.

Any and all liability of the author is excluded.

www.maimar.co

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Trading Signals 19/1/23

January 19, 2023/in General News & Updates /by MaimarFX

Dear traders,

The cable provided bulls a good profit Wednesday. Our long entry at 1.2340 has thus proved very profitable.

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 19/1/23:

EUR/USD

Long @ 1.0825

Short @ 1.0780

GBP/USD

Long @ 1.2360

Short @ 1.2290

DAX® (GER40)

Long @ 15160

Short @ 15060

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.

www.maimar.co

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DAX Tests 15200, Pound Sterling Above 1.23

January 18, 2023/in General News & Updates /by MaimarFX

After several lossmaking fakeouts this week the DAX finally broke above 15200 and is currently testing that level on its hold as a higher support. If the price area between 15150 and 15200 holds, we may see a further leg up towards 15500. On the other side, a significant breakout below 15000 would change the sentiment in favor of the bears.

The best performer yesterday was the British pound which erased previous losses and climbed up to 1.23. Above 1.22, a next higher target is seen at 1.2450.

DAX® (GER40)

Long @ 15230

Short @ 15130

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.

Any and all liability of the author is excluded.

www.maimar.co

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Loss-Making DAX

January 17, 2023/in General News & Updates /by MaimarFX

The British pound dropped towards 1.2170 against the greenback and we were able to pocket some profits with two sell orders yesterday. Our short entry in the DAX, however, proved unprofitable which is why we had to record two losing trades. We will now keep an eye on breakouts below 15080 or above 15160.

Let’s see what today has in store in terms of profitable trades.

Our trading ideas for today 17/1/23:

EUR/USD

Long @ 1.0840

Short @ 1.0785

GBP/USD

Long @ 1.2215

Short @ 1.2165

DAX® (GER40)

Long @ 15160

Short @ 15080

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.

Any and all liability of the author is excluded.

www.maimar.co

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Trading Signals 16/1/23

January 16, 2023/in General News & Updates /by MaimarFX

Our trading ideas for today 16/1/23:

EUR/USD

Long @ 1.0875

Short @ 1.0815

GBP/USD

Long @ 1.2260

Short @ 1.2210

DAX® (GER40)

Long @ 15160

Short @ 15090

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.

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.

Look For Small Profits

January 16, 2023/in General News & Updates /by MaimarFX

Welcome to a new trading week.

EUR/USD: As indicated last week, there was a bullish breakout pattern and bulls took advantage of this opportunity against the backdrop of a weakening U.S. dollar, driving the euro above the 1.08 threshold. We were able to pocket some good gains in the euro last week. Where could the euro be headed now? The euro has rallied strongly since September with little correction. However, since the markets never tend straight-lined in a particular direction, we expect a (necessary) correction soon. A current support could come in at around 1.06. However, if 1.08 holds, bulls would have to focus on a short-term target area at around 1.1180.

GBP/USD: Last week’s oscillations left much to be desired and unfortunately, there were more loss-making false breakouts than profitable price breakouts. But these phases are also part of day trading. Let’s see how it continues this week. Meanwhile, the upward trend is intact. Above 1.2350, we could see a retest of the 1.24 area which could result in an upward movement to 1.26. An important support is currently seen at 1.20.

DAX: The index showed its strength and took off the 15000-hurdle. A few good weekly gains were achieved last week. If the DAX remains above 14500, we are looking towards the 16000 threshold.

We do not expect high volatility at the beginning of the week. It is the Martin Luther King Day in the U.S. and the markets remain closed for the holiday. Traders should therefore focus on smaller profits.

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.

Any and all liability of the author is excluded.

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U.S. Dollar Lower Post CPI

January 13, 2023/in General News & Updates /by MaimarFX

The U.S. inflation report for December came in as expected at 6.5 percent, down from November’s 7.1 percent result. Treasury yields and the U.S. dollar turned lower.

The euro broke above 1.08 against the dollar while the DAX held above the crucial 15000-mark.

We had some good results in the EUR/USD and DAX this trading week. We remind you to save some weekly profits today. The only problem child was the cable which remains in the red for now.

We wish you a beautiful weekend.

Our trading ideas for today 13/1/23:

EUR/USD

Long @ 1.0875

Short @ 1.0815

GBP/USD

Long @ 1.2235

Short @ 1.2175

DAX® (GER40)

Long @ 15120

Short @ 15040

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.

Any and all liability of the author is excluded.

www.maimar.co

Follow us on social media:

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All Eyes On U.S. CPI

January 12, 2023/in General News & Updates /by MaimarFX

Traders await the U.S. inflation data today at 13:30 UTC.

If CPI data shows a softening in inflation, it would be a stronger case for a smaller 25bp rate hike at the Fed’s next meeting in February. Nonetheless, Fed officials expect rates to remain above 5 percent for a long time- something the markets refuse to believe.

Our trading ideas for today 12/1/23:

EUR/USD

Long @ 1.0780

Short @ 1.0715

GBP/USD

Long @ 1.2180

Short @ 1.2130

DAX® (GER40)

Long @ 15010

Short @ 14930

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.

www.maimar.co

Follow us on social media:

Facebook

Twitter

Instagram