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Trading Signals On U.S. CPI Day

All eyes will turn to the U.S. CPI report today at 13:30 UTC.

Prepare for volatile swings in case of a surprise reading!

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 13/2/24:

EUR/USD

Long @ 1.0785

Short @ 1.0740

GBP/USD

Long @ 1.2665

Short @ 1.2590

DAX® (GER40)

Long @ 17020

Short @ 16970

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

After a relatively quiet trading week amid a low-volatile market environment, traders have a glimpse of hope looking for fresh momentum and more volatile swings this week. All eyes will turn to the U.S. inflation report tomorrow which is expected to provide some wild swings, provided that there is a surprise in the headline figure. A hotter-than expected U.S. CPI report would be positive for the U.S. dollar as Federal Reserve early rate cut bets vanish. If inflation comes in lower-than-expected, the U.S. dollar will weaken on the back of increasing bets for an earlier dovish pivot. Investors still see a strong likelihood for a rate cut in May.

Forecasts however suggest CPI stayed unchanged at 3.4% y/y in January.

Let us be surprised.

 

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 12/2/24:

EUR/USD

Long @ 1.0810

Short @ 1.0780

GBP/USD

Long @ 1.2660

Short @ 1.2620

DAX® (GER40)

Long @ 17010

Short @ 16930

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. Dollar Lacks Direction

The U.S. dollar was largely flat on Wednesday, providing almost no profitable trading chance. Traders await new catalysts with the U.S. inflation print next week, but this week will bring no major economic releases which is why directional bias is lacking.

EUR/USD: The pair found a short-term support at 1.0722. We recommend traders to wait for a break either below 1.0690 or above 1.0860 to engage.

GBP/USD: The cable shortly broke below the 1.2540-support but was able to stabilize above 1.26 again. As long as the pair remains below 1.2760, we will focus on a renewed break below 1.2540 with a potential test of 1.25.

DAX: The index hoovers around the 17000-mark. Below 16880, we see a greater chance of a dip towards 16800. Bulls on the other side, will watch out for a break above 17080.

 

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 8/2/24:

EUR/USD

Long @ 1.0810

Short @ 1.0740

GBP/USD

Long @ 1.2660

Short @ 1.2610

DAX® (GER40)

Long @ 16980

Short @ 16930

 

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

Profitable Forex Signals

Yesterday has proved to be a profitable trading day amid low volatile trading conditions. Both of our short entries in the EUR/USD and GBP/USD provided a total gain of +80 pips.

We will not reinvest that profit today.

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 6/2/24:

EUR/USD

Long @ 1.0765

Short @ 1.0740

GBP/USD

Long @ 1.2570

Short @ 1.2530

DAX® (GER40)

Long @ 16970

Short @ 16890

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.

Wie geht es nach der jüngsten Runde der Dollarstärke weiter?

Der am Freitag veröffentlichte NFP-Bericht zeigt, dass sich der US-Arbeitsmarkt in guter Verfassung befindet: Im Januar wurden 353.000 neue Stellen geschaffen, während die Erwartungen bei nur 180.000 lagen. Nach diesen guten Arbeitsmarktzahlen schraubten Händler die Erwartungen an eine Zinssenkung der Federal Reserve zurück, während eine Zinssenkung im März derzeit vom Tisch ist.

Der US-Dollar legte als Reaktion auf den NFP-Bericht vom Freitag stark zu und bescherte Short-Händlern sowohl im EUR/USD als auch im GBP/USD gute Gewinne.

Im Vergleich zur letzten Woche ist der Wirtschaftskalender in dieser Woche, was potenziell marktbewegende Daten und Risikoereignisse angeht, dünn gesät. Händler sollten sich daher auf schwankende Kurse und kleinere Gewinne einstellen.

Der EUR/USD ist unter 1,0790 und weiter in Richtung 1,0760 gerutscht, aber wir gehen davon aus, dass eine kurzfristige Unterstützung bei etwa 1,0750 zu erwarten ist, weshalb die Bullen einen Test des Bereichs um 1,0860 anstreben könnten. Ein Unterschreiten von 1,0740 könnte hingegen zu einem Ausverkauf in Richtung 1,0660 führen.

Der GBP/USD bewegt sich weiterhin innerhalb der Seitwärtsspanne zwischen 1,28 und 1,26. Auf der Suche nach Short-Einstiegen warten wir auf Kursdurchbrüche unter 1,2590 mit einem tieferen Ziel bei etwa 1,2560 und weiter auf einen Rückgang unter 1,2540 mit einem nächsten Ziel bei 1,25. Auf der Oberseite wird derzeit ein Widerstand bei 1,2750 gesehen.

 

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.

What’s Next After The Latest Round Of U.S. Dollar Strength?

Friday’s U.S. NFP release showed the U.S. jobs market in good health with 353k new jobs created in January compared to expectations of only 180k. Following these healthy job numbers, traders pushed back on Federal Reserve rate cut expectations while a March rate cut is currently off the table.

The U.S. dollar strengthened strongly in response to Friday’s NFP report and provided short traders in both EUR/USD and GBP/USD some good gains.

Compared to last week, the economic calendar this week is light in terms of potential market-moving data and risk events. Traders should thus prepare for range-bound trades and smaller profits.

The EUR/USD slipped below 1.0790 and further towards 1.0760 but we expect that a short-term support is coming in at around 1.0750, which is why bulls could go for a test of the area around 1.0860. Falling below 1.0740, on the other side, could lead to a sell-off towards 1.0660.

The GBP/USD remained within its sideways range between 1.28 and 1.26. Looking for short entries, we will wait for price breaks below 1.2590 with a lower target at around 1.2560 and further for a fall below 1.2540 with a next target at 1.25. On the topside, a resistance is currently seen at 1.2750.

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.

Signal Entries For NFP Release

The U.S. Nonfarm payrolls report is scheduled for release today at 13:30 UTC. Our signals are only valid for around the NFP release.

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 2/2/24:

EUR/USD

Long @ 1.0890

Short @ 1.0840

GBP/USD

Long @ 1.2765

Short @ 1.2725

 

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.

FOMC Decision: Will The Fed Send A Dovish Signal?

Traders should be prepared for increased volatility with the Federal Reserve’s first policy decision of 2024 coming up. While no change in interest rates is expected, the Fed could adjust its monetary policy guidance which could trigger large swings. If the central bank embraces a more dovish posture, the U.S. dollar will fall. In the event of a hawkish signal and pushing back against expectations of deep and early rate cuts, the dollar should rise sharply.

The Fed’s interest rate decision will be announced at 19:00 GMT today, followed by the press conference 30 minutes later.

EUR/USD: Watch out for breaks either below 1.0790 (short) or above 1.0910 (long).

GBP/USD: Today, we will pay attention to a rise above 1.2760 which could attract buyers or a fall below 1.2640 that could increase bearish momentum towards 1.26 and further 1.2550.

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 the FOMC decision 31/1/24:

EUR/USD

Long @ 1.0860

Short @ 1.0785

GBP/USD

Long @ 1.2710

Short @ 1.2665

 

 

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

 

DAX Hits Record High

The DAX hit a record high and surged above 17010. We will enter long today at 17020 and will try to go for 40 points profit.

Let’s wait and see.

 

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 30/1/24:

EUR/USD

Long @ 1.0865

Short @ 1.0790

GBP/USD

Long @ 1.2725

Short @ 1.2670

DAX® (GER40)

Long @ 17020

Short @ 16940

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 Signals: Waiting For Breakouts

As for our daily trading signals, the EUR/USD performed quiet well during the last days despite its tight trading range. Currently our monthly performance stands at 111 pips profit only for the pair EUR/USD. Trading the GBP/USD has however proved to be more difficult with more false breakouts due to a very narrow trading range. We will wait for sustained breakouts of the cable’s sideways range between 1.28 and 1.25.

The DAX recovered some of its recent losses and is currently trading above 16700. We will focus on a significant break above 16820 in order to buy the index towards a test of 17000.

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 24/1/24:

EUR/USD

Long @ 1.0910

Short @ 1.0840

GBP/USD

Long @ 1.2715

Short @ 1.2680

DAX® (GER40)

Long @ 16790

Short @ 16660

 

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