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Daily Forex And DAX Signals

Trading was relatively quiet on Monday. Our yesterday’s buy position in the GBP/USD failed to reach its profit target by 0,2 pips as gains were quickly reversed towards 1.21. We will keep tabs on price breakouts above 1.2180 or below 1.2080.

The EUR/USD remained stuck within a 50-pips trading range.

The DAX consolidated between 13000 and 12700. A break above 13010 may revive some bullish momentum but we bear in mind that a short-term resistance comes in at around 13200. Below 12600 a next target is 12480.

Our trading ideas for today 5/7/22:

EUR/USD

Long @ 1.0485

Short @ 1.0425 Trade has hit TP

GBP/USD

Long @ 1.2135

Short @ 1.2080

DAX® (GER30)

Long @ 12890

Short @ 12840

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.

 

Monthly results 2022:

June 2022: +333 pips

May 2022: +172 pips

April 2022: +111 pips

March 2022: +689 pips

February 2022: +531 pips

January 2022: +766 pips

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 & GBP/USD: Neigt sich der starke Ausverkauf dem Ende zu?

Willkommen zu einer neuen Handelswoche.

EUR/USD: Langfristige Tendenz bleibt bärisch, auch wenn kurzfristig eine bullische Trendwende bevorstehen könnte

Der Ausverkauf des Euro ist in erster Linie auf drei Gründe zurückzuführen: Die Divergenz in der Geldpolitik zwischen der Federal Reserve und der Europäischen Zentralbank, die Auswirkungen des Ukraine-Krieges und eine negative Marktstimmung. Obwohl diese Gründe den Euro unter Druck halten sollten, gelang es den Bären nicht, beim Test des Unterstützungsbereichs um 1.0340 ein tieferes Tief zu bilden. Sollte diese wichtige Unterstützungsmarke jedoch durchbrochen werden, wird sich der Fokus auf das Kursniveau Parität verlagern. Hält sich der Euro jedoch über 1.0350, könnten die Bullen das Paar zu einem erneuten Test von 1.0570-1.06 antreiben. Oberhalb von 1.0660 könnte ein nächstes Aufwärtsziel bei 1.0770 liegen.

GBP/USD: Das Pfund Sterling ist am vergangenen Freitag erneut unter 1.20 gefallen, und Händler fragen sich, ob der Unterstützungsbereich um 1.19 getestet werden könnte. Solange Sterling-Bullen nicht in der Lage sind, das Paar über 1.23 zu bewegen, könnten wir tiefere Kursziele wie 1.1820 und möglicherweise sogar 1.1750 sehen. Aus fundamentaler Sicht und trotz der nach wie vor düsteren Wirtschaftsaussichten in Großbritannien könnte der starke Ausverkauf des Pfund Sterling nachlassen, was vor allem auf einen schwächeren US-Dollar zurückzuführen ist.

Der Handel könnte heute ruhig verlaufen, da die U.S.-Märkte wegen des Unabhängigkeitstages geschlossen sind.

 

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 © 2022 MaiMarFX.

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EUR/USD & GBP/USD: Is The Heavy Sell-Off Coming To An End?

Welcome to a new trading week.

EUR/USD: Long-term bias remains bearish, even though short-term bullish reversal could be in the cards
The euro’s sell-off is due primarily to three reasons: The divergence in monetary policy between the Federal Reserve and the European Central bank, the fallout from the Ukraine war and a negative market sentiment. Even though these reasons should keep the euro under pressure, bears were unable to create a lower low when testing the 1.0340-support area. However, if this crucial support-level breaks, the focus will shift to parity. In the positive case, however, if the euro holds above 1.0350, bulls may push the pair towards another test of 1.0570-1.06. Above 1.0660, a next bullish target could be at 1.0770.

GBP/USD: The cable dipped again below 1.20 last Friday and traders wonder whether the 1.19-support area could be tested. As long as sterling bulls are unable to push the pair above 1.23, we may see lower price targets such as 1.1820 and possibly even 1.1750. From a fundamental perspective and even though the economic outlook in the U.K. remains gloomy, sterling’s heavy sell-off may abate, due mainly to a weakening U.S. dollar.

Trading could be quiet today as U.S. markets will be closed for the Independence Day holiday.

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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Profitable Trading Month June And Daily Signals

U.S. dollar bulls were able to profit on the last day of June before gains were reversed towards the end of the trading day. However, our signals performed well last month with the DAX being the main breadwinner. Only yesterday we have almost gained another 100-points-profit in the DAX but unfortunately missed it by a few minutes.

We wish everyone a wonderful weekend!

 

Daily Forex, DAX 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 @ 1.0475

Short @ 1.0440

GBP/USD

Long @ 1.2165

Short @ 1.2110

DAX® (GER30)

Long @ 12710

Short @ 12640

ETH/USD

Long @ 1130

Short @ 1030

 

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.

Monthly results 2022:

June 2022: +333 pips

May 2022: +172 pips

April 2022: +111 pips

March 2022: +689 pips

February 2022: +531 pips

January 2022: +766 pips

 

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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Shifting Era – Things Just Won’t Be The Same

Things just won’t be the same – This could be the conclusion of the European Central Bank annual forum in Sintra, Portugal. ECB President Christine Lagarde said that she doesn’t think “that we are going to go back to that environment of low inflation.” Federal Reserve Chair Jerome Powell explained how forces including globalization, aging demographics, low productivity and technological developments are no longer keeping prices in check. “We’re learning to deal with it” Powell said.

Lagarde reckoned the shifting era will herald yet more upheaval and “will probably change continuously towards a system that we are not certain about”.

“We’ve lived in that world where inflation was not a problem,” Powell said. “I think we understand better how little we understand about inflation.” These are the words of a central bank head.

In other words, and in the way we see it, this could mean for the Western world that we will learn to deal with surging consumer prices, threats to economic growth and the possibility of further energy disruptions.

EUR/USD: The pair headed south towards 1.04. Focus shifts back to a potential bearish break of 1.0340. Next targets are 1.02 and 1.00. A current resistance remains intact at around 1.06.

GBP/USD: Below 1.24, bears are in control with the focus turning to a potential test of 1.19.

DAX: If the index remains below 13300, we expect a fall towards 12700.

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 Forex, DAX And Crypto Signals 28/6/22

The euro took a glance above 1.0610 but there were no signs of stabilization above that price level, at least not until now. However, remaining above 1.0550 could still see a bullish breakout.

The cable bounced off the 1.2330-price area and continued its consolidation mode between 1.23 and 1.22. We will wait and see.

Traders in the DAX were able to profit with both long and short entries. As long as the index remains below 13700, we favor the downtrend with a lower target seen at 12700.

Daily Forex, DAX 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 @ 1.0615

Short @ 1.0535

GBP/USD

Long @ 1.2290

Short @ 1.2235

DAX® (GER30)

Long @ 13270

Short @ 13140

ETH/USD

Long @ 1220

Short @ 1170

 

Monthly results 2022:

May 2022: +172 pips

April 2022: +111 pips

March 2022: +689 pips

February 2022: +531 pips

January 2022: +766 pips

 

Results 2021:

December 2021: +61 pips

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

 

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.

Enge Preisspannen

Sowohl der EUR/USD als auch der GBP/USD bewegten sich in den letzten Tagen in einer engen Handelsspanne. Daher gab es keine profitablen Ausbrüche für Trader. Die maue Kursentwicklung könnte sich jedoch bis in die neue Woche hinein fortsetzen, es sei denn, es kommt zu Kursausbrüchen über oder unter die folgenden entscheidenden Kursniveaus, die eine neue Dynamik auslösen könnten.

EUR/USD: Bullisch: Oberhalb von 1,0610 sehen wir ein nächstes Ziel bei 1,0640. Über 1,0660 liegt das nächste Ziel bei 1,0760. Bärisch: Unterhalb von 1,0480 konzentrieren wir uns auf eine Talfahrt in Richtung 1,04. Unterhalb von 1,0380 liegen die nächsten Ziele bei 1,0350 und 1,02.

GBP/USD: Bullisch: Oberhalb von 1,2325 erwarten wir einen Test von 1,24. Oberhalb von 1,2430 verschiebt sich unser Fokus auf 1,26. Bärisch: Unterhalb von 1,2140 werden die nächsten tieferen Ziele bei 1,20 und 1,1920 gesehen.

Was steht in der kommenden Woche an? Das Hauptaugenmerk wird auf dem von der Federal Reserve bevorzugten Inflationsindikator, dem PCE-Index, liegen, der am Donnerstag veröffentlicht wird. Außerdem stehen am Mittwoch die Reden verschiedener Zentralbankchefs an.

Einen guten Wochenstart!

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 © 2022 MaiMarFX.

www.maimar.co

Folgen Sie uns über die sozialen Medien:

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Range-Bound Market

Both EUR/USD and GBP/USD have been in range trading mode in recent days. Thus, profitable breakouts were lacking. However, the muted price action could extend into this new week unless we see price breakouts above or below the following crucial price levels which could ignite fresh momentum.

EUR/USD: Bullish: Above 1.0610, we pencil in a next target at 1.0640. Above 1.0660, the next target is at 1.0760. Bearish: Below 1.0480, we focus on a dip towards 1.04. Below 1.0380, next targets are at 1.0350 and 1.02.

GBP/USD: Bullish: Above 1.2325 we anticipate a test of 1.24. Above 1.2430, our focus shifts to 1.26. Bearish: Below 1.2140, next lower targets are seen at 1.20 and 1.1920.

What is in store for the week ahead? The focus will be on the Federal Reserve’s preferred inflation gauge, the PCE index due for release on Thursday. Furthermore, we have speeches from various central bank heads due on Wednesday.

Have a good start to the new week!

 

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

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Consolidations And Big Profits

The EUR/USD slipped below 1.05 but stopped its fall slightly above 1.0480 before consolidating again around 1.0530. If the pair now falls again below 1.0490, we see increased chances for a bearish move back toward 1.04. As stated in yesterday’s chart analysis and with a break above 1.0610, we may see a bull run for 1.08.

The GBP/USD reversed after touching again the support area around 1.2170. After days of consolidated movements, we may now see some larger moves with a higher target at 1.24. A fall below 1.2150 however, would shift the focus back to the 1.20-threshold.

DAX: We were able to catch a bigger fish yesterday with our 100-points-gain short trade. The index fell towards 12800. If it remains below 13300, we anticipate lower targets at 12600 and 12300.

We wish you a beautiful weekend.

Daily Forex, DAX 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.

Any and all liability of the author is excluded.

Copyright © All Rights Reserved 2022 MaiMarFX.

www.maimar.co

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Powell Testimony And Daily Signals 22/6/22

Federal Reserve Chair Jerome Powell is expected to reinforce the commitment to fight inflation when he appears before Congress today at 13:30 UTC. Any hawkish remarks will be bearish for the market.

EUR/USD: We will pay tabs on prices above 1.0670 or below 1.0470. Above 1.0670, a higher target is at 1.0750. Below 1.0470, the focus turns back to a bearish break of 1.0340 with a lower target seen at 1.02.

GBP/USD: Currently we are looking at a trading range between 1.2450 and 1.1950. The bias remains however bearish as long as the pair trades below 1.24.

DAX: Bearish bias below 13500 with a lower target at 12440. The sentiment will change in favor of the bulls if the 14000-hurdle is cleared to the upside.

Daily Forex, DAX 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 @ 1.0530

Short @ 1.0485

GBP/USD

Long @ 1.2260

Short @ 1.2210 Trade has hit profit target

DAX® (GER30)

Long @ 13110

Short @ 13060

 

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:

Facebook

Twitter

Instagram