Inflation – MaiMarFX

Trading On U.S. CPI-Day

April 10, 2024/in General News & Updates /by MaimarFX

Today all eyes will turn to the U.S. inflation March numbers. The report could cause significant volatility, especially if the numbers surprise to the upside. In case of a hotter-than-expected CPI, that would shift Federal Reserve interest rate expectations in a more hawkish direction, the U.S. dollar will rise. If inflation numbers come below expectations, traders will bolster their bets on Fed rate cuts. Any dovish interpretation would weaken the greenback.

The U.S. inflation numbers are scheduled for release at 12:30 GMT.

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 10/4/24:

EUR/USD

Long @ 1.0870

Short @ 1.0820

GBP/USD

Long @ 1.2685

Short @ 1.2635

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

U.S. Dollar könnte im Vorfeld der PCE-Daten am Donnerstag stärker werden

February 26, 2024/in General News & Updates /by MaimarFX

Die vergangene Woche war durch einen schwächelnden US-Dollar gekennzeichnet, der sowohl den Euro als auch das britische Pfund zu einem Test kritischer Widerstände drängte. Der Euro kletterte über 1,0830 und testete die Marke von 1,0888, von wo aus die Euro-Bullen das Blatt jedoch nicht mehr wenden konnten. Zu Beginn dieser Woche liegt die Gemeinschaftswährung wieder unter 1,0830 und wartet auf eine Richtungsentscheidung.

Der Cable erreichte inmitten der breit angelegten Dollarschwäche den Wert von 1,2710, bewegt sich aber weiterhin seitwärts und hat noch keine Richtung.

Das einzig wirklich hochfliegende Handelsinstrument war der DAX, der über 17200 bis zu einem Höchststand von 17450 schoss. Die Bullen hoffen auf weitere Aufwärtsimpulse – allerdings nur, wenn sich der Index über 17000 halten kann.

In dieser Woche bereiten sich die Händler auf die Möglichkeit wilder Kursausschläge am Donnerstag vor, wenn die mit Spannung erwarteten PCE-Daten für Januar veröffentlicht werden. Ein stärker als erwartet ausgefallener Bericht könnte den US-Dollar nach oben treiben. Es wird erwartet, dass der PCE-Kernwert im Vergleich zum Vormonat um 0,4 Prozent gestiegen ist, und ein höherer Wert könnte das Fed Komitee dazu veranlassen, den Beginn seines Lockerungszyklus zu verschieben und weniger Zinssenkungen als erwartet vorzunehmen.

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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.

Trading Signals On U.S. CPI Day

February 13, 2024/in General News & Updates /by MaimarFX

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.

www.maimar.co

All Eyes On U.S. CPI Report

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

Today’s focus will be on the U.S. inflation report, due for release at 13:30 GMT. A higher-than-expected reading could trigger a hawkish repricing of the Federal Reserve’s rate path and thus a stronger U.S. dollar.

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 12/12/23:

EUR/USD

Long @ 1.0810

Short @ 1.0735

GBP/USD

Long @ 1.2585

Short @ 1.2520

DAX® (GER40)

Long @ 16860

Short @ 16780

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.

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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Bullish Breakouts

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

We didn’t trade the EUR/USD and GBP/USD yesterday after we were able to pocket a good gain on Tuesday amid strong bullish breakouts. U.S. inflation came in below expectations, a fact that has crushed a hawkish repricing that would have benefit the greenback. The euro surged to a high of 1.0887 from where it consolidated yesterday. Higher targets are now seen at 1.0940 and 1.10 while we expect a fresh support to come in at around 1.0730.

The GBP/USD is currently hovering around 1.24 after it was unable to break significantly above 1.25. For the bullish bias to continue, the cable will need to stabilize above 1.24 while traders will focus on a break above 1.2510 in order to go for 1.26.

The DAX broke above 15600 and headed towards 15800. The next crucial target for traders will be the crucial 16000-barrier. Our former breakout-area at 15600 could now turn into a support zone.

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.

Overbought Territory Amid Low Volatility

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

Last week was characterized by significant bullish moves across the greenback’s counterparts. The U.S. dollar sold-off sharply after the June inflation report surprised to the downside. Given the strength of the latest upward moves and with both EUR/USD and GBP/USD overcoming key technical hurdles, we expect some further upside potential.

On Wednesday, the UK inflation report will be released and if there are signs that inflation is falling, the pound could correct from its heavily overbought territory.

GBP/USD: A higher resistance is seen between 1.3150 and 1.32. The pair remains, however, in deeply overbought territory, increasing the chances for a consolidation phase. A support is now seen at 1.2850.

EUR/USD: Remaining above 1.12, the focus shifts to higher resistances at 1.14 and 1.15. A current support could lie at 1.11.

Summer doldrums: We advise traders not invest too much or doing a trading break since volatility typically remains at very muted levels during the summer months of July and August. When volatility is low, there is more to lose than to gain.

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.

Any and all liability of the author is excluded.

www.maimar.co

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Bullish Bias

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

We saw some bullish breakouts yesterday with the pound sterling rising towards 1.30 and the euro breaking above 1.11. Also, the DAX headed, as expected, towards 16000 and finds itself currently at around 16050.

The reason for the bullish bias was a slower-than-expected U.S. inflation print in June. This reinforced the market’s assumption of a nearing end of the Federal Reserve’s tightening cycle. The greenback thus weakened against other peers.

Traders should brace for upcoming corrections in short-term time frames, even though the latest bullish moves appeared to be strong – paving the way for a continuation of the uptrend.

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 13/7/23:

EUR/USD

Long @ 1.1160

Short @ 1.1125

GBP/USD

Long @ 1.3020

Short @ 1.2980

DAX® (GER40)

Long @ 16060

Short @ 15970

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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Bullish Movement After Corrections?

June 26, 2023/in General News & Updates /by MaimarFX

We saw a renewed round of hawkishness of global central banks on the back of still elevated inflation. The bank of England surprisingly raised interest rates by 50bp last week, instead of an expected 25bp-move and the European Central Bank indicated more hikes to come. The only exception was the Federal Reserve, which left rates unchanged this month but reiterated a hawkish stance.

This week starts with three days of ECB forum on Central Banking with speeches from ECB President Christine Lagarde. In terms of inflation, it might be worth to take a look at the Euro area inflation data for June and the U.S. PCE price index, both are due for release on Friday.

From a technical perspective, we saw sharp corrections in our three trading instruments.

The euro corrected towards 1.0840 against the U.S. dollar after euro bulls proved unable to push the pair significantly above the 1.10-hurdle. As long as the euro remains below 1.1050, we favor a bearish bias with lower targets seen at 1.0650 and 1.05.

GBP/USD – The perfect correction?

The pair has stopped its correction exactly at the lower ascending trendline of its latest upward trend channel. If the bullish trend remains intact, we would now see a further leg up towards 1.30 but if 1.27 breaks to the downside, the focus shifts to a break of the lower support at 1.26.

DAX

The index sharply tumbled and gave up all of its previous gains after hitting its new high at 16432. There is a crucial support area around 15600 and bulls might want to defend it. However, we now brace for a short-term trading range between 16100 and 15700.

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.

www.maimar.co

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Have Markets Over-Reacted To Last Week’s Inflation Data?

November 14, 2022/in General News & Updates /by MaimarFX

Welcome to a new trading week. Risk appetite improved around the world after signs of cooling in U.S. inflation and the prospects of a dovish tilt by the Federal Reserve. The U.S. dollar weakened against other counterparts. However, markets may have over exaggerated last week’s inflation print since a few declines in inflation does not mean that inflation pressure is finally over and that the Fed is shifting from hawkish to dovish. The market’s risk appetite could thus be premature with limited upside in both EUR/USD and GBP/USD.

For the British pound, the U.K. will release inflation data on Wednesday.

GBP/USD

The shift in global risk sentiment and the large dollar sell-off benefitted the pound and sent sterling soaring, lifting it above 1.16 and further to the 1.17-1.19 resistance zone. Sterling bulls should however be careful. U.K. employment and inflation data are on tab this week, leaving the pound vulnerable.

From a technical perspective, the pair is overbought with the current resistance zone ranging from 1.17 to 1.19. We expect any further gains to be limited to a maximum of $ 1.1940. The most likely scenario in our opinion is a correction towards 1.15/1.1450.

EUR/USD

Speculation for a smaller Fed rate hike in December could keep the pair afloat over the coming weeks. However, the pair is overbought, making it vulnerable for a correction toward the parity level. A bullish breakout above 1.0370 on the other side could see a bullish extension towards 1.06.

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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Profitable Week

November 11, 2022/in General News & Updates /by MaimarFX

Slower-than-expected U.S. inflation gave a boost to risk appetite, pushing both euro and British pound above bullish breakout levels. Both of our yesterday’s long entries in EUR/USD and GBP/USD have hit their profit targets easily. Overall, we were able to secure a very good weekly profit which is why we do not trade today.

Our trading ideas for the DAX today 11/11/22:

DAX® (GER40)

Long @ 14280

Short @ 14230 Hit TP in a few minutes

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.