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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

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DAX Sees Strong Rebound – 15000 In Sight?

The biggest story of yesterday’s trading was the DAX which went on a roller coaster ride, providing short traders a huge gain, or more precisely, hitting our take-profit of 100 points before we saw a strong rebound towards 14700. The fact that the support area around 14400 remains unbreached confirms the uptrend and strengthens the case for a next leg up towards 15000. Technically, the recent correction was as expected, formatting a bull flag within an intact uptrend. This bull flag was now broken to the upside predicting further gains and slowly shifting the focus towards a higher target at 15000. A current support is now seen at around 14620.

EUR/USD: After hitting our lower target at 1.1770 the pair is now in oversold territory, increasing the chances for a rebound. Bulls in this pair should now watch out for price breaks above 1.1815 that could lead to further gains towards 1.1835-50. If the euro falls, however, below 1.1740 next lower targets will be at 1.17 and 1.1620.

GBP/USD: The cable found a halt at 1.3670 and was able to stabilize above 1.37. A current resistance zone is seen between 1.3850 and 1.39 and as long as that zone remains unbroken, bears could regain control in this pair.

We wish everyone a beautiful weekend.

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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Not Much Has Changed

Dear traders,

Not much has changed on Wednesday with the U.S. dollar steadying.

EUR/USD: As long as the pair remains below 1.19, we will favor falling prices with a next lower target at 1.1770.

GBP/USD: Bearish momentum appears to be continuing and we focus on lower targets at 1.3620 and 1.3570 from where we may see a rebound. A current resistance is however seen at around 1.39.

DAX: The index provided again some gain for short traders yesterday. We will now pay attention to an upside break of 14560 that could lead to further gains whereas on the downside, the area between 14450-14400 remains an interesting support zone.

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 @ 1.1970

Short @ 1.1910

GBP/USD

Long @ 1.3920

Short @ 1.3810 Hit TP

DAX® (GER30)

Long @ 14640

Short @ 14560 Hit TP

 

Monthly results 2021:

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