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Signal Service To Be Continued On 7 November

Dear traders,

After an extended trading break, we have been back at the trading desk for three weeks now and have already been able to make a few profits. From 7 November 2022, we will also be offering our signals service again for all interested traders.

We wish you all good trades!


Liebe Trader,

nach einer verlängerten Trading-Pause sind wir seit nun drei Wochen wieder zurück am Trading Desk und konnten bereits ein paar Gewinne einfahren. Ab dem 7. November 2022 bieten wir auch wieder unseren Signalservice für alle interessierten Trader an.

Wir wünschen allen gute Trades!

 

MaiMarFX Team

Roller Coaster Ride

Inflation-Thursday proved to be a roller-coaster ride in the markets. U.S. inflation came in at 7.5 percent and was thus higher-than-expected. While the initial market reaction sent the U.S. dollar higher, the following whipsaw performance wiped out any previous gains. At the end of the trading day and after three fake-outs we had to record a small loss. However, also these days happen in trading and we will get over it.

After yesterday’s wild ride we may see some more profitable movements today.

Have a nice weekend.

 

Our trading ideas for 11/2/22:

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 @ 1.1440

Short @ 1.1365

GBP/USD

Long @ 1.3565

Short @ 1.3510

DAX® (GER30)

Long @ 15410

Short @ 15340

ETH/USD

Long @ 3170

Short @ 3070

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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EUR/USD: Getting Into Breakout Mode?

There was nothing to gain for daytraders with volatility remaining at very muted levels.

The EUR/USD was stuck in a narrow trading range but while the pair may continue to consolidate ahead of tomorrow’s ECB decision, we see chances of upcoming technical breakouts, providing profitable trading opportunities.

We will watch out for a renewed break above 1.2190 that could revive bullish momentum towards 1.2240. Above 1.2270, the next higher target is 1.2350. On the downside, below 1.2140 and further 1.2120 it will be interesting whether the short-term support at 1.21 holds. A bearish break of 1.2090 could open the door to further losses towards 1.20.

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 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