The Euro’s Free Fall

The euro depreciated further and its value is now close to parity with the U.S. dollar. The region’s energy crisis and recession fears have sent the common currency into a tailspin and if there is no change in Europe’s tactic towards its energy crisis, the euro is going to remain in free fall.

Daily Forex and DAX Signals for today 12/7/22:

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 @ 1.0065

Short @ 0.9985

GBP/USD

Long @ 1.1875

Short @ 1.1840

DAX® (GER30)

Long @ 12770

Short @ 12690

 

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