Traders Brace For Volatility

Yesterday was nothing to gain but this could change today as traders await the looming release of the core PCE deflator, today at 13:30 UTC. The Federal Fed’s preferred inflation gauge can influence the central bank’s monetary policy outlook. A hotter-than-expected print would boost the U.S. dollar.

So, be prepared for volatility!

Daily Forex and DAX Signals:

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Our trading ideas for today 29/2/24:


Long @ 1.0865

Short @ 1.0820


Long @ 1.2685

Short @ 1.2640

DAX® (GER40)

Long @ 17640

Short @ 17540

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!

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